While shopping in a clothing store, an economics student noticed a larg supply of brand-named jeans marked down for clearance. She would probably conclude that: (Standard 2.8) The original price of the jeans had been set above the equilibrium price There were no opportunity costs associated with pricing the jeans for clearance The original price of the jeans had been set below the equilibrium price The production costs associated with the manufacture of the jeans was inelastic I have no idea what the answer is.