Suppose there is an excess demand for cell phones. in a market without price controls, market pressures will cause the price of cell phones to until it reaches the equilibrium price.

The establishment of columbia as the state capital was important because a) it was located in the heart of the upcountry. b) it was located in the heart of the low-country. c) it was already established as a vital industrial center. d) it represented a compromise location central to most citizens.