Question
L, K, J, H, G, F, D, and S live on eight different
floors of the same building. The lowermost floor in the building is numbered 1, the floor above it, number 2, and so on till the topmost floor is numbered 8. L lives exactly one floor above K and exactly one floor below G. Only K lives between H and L, whereas H lives exactly one floor above J. Only D lives between S and J. F lives on the 8th floor, while S lives on the 1st floor. On which floor does K live?Solution
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The process by which market participants try to find an equilibrium price?Â
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