Multiple Choice
When there is a surplus in the market, the quantity sold is
A) equal to the quantity demanded.
B) less than the quantity demanded.
C) greater than the quantity bought.
D) equal to the quantity supplied.
Correct Answer:
Verified
Related Questions
Q265: A shortage causes the
A) price to fall.
B)
Q266: Q267: A surplus occurs when the price is Q268: If there exists a shortage in the Q269: The price of a good will fall Q271: Ticket scalpers at the NCAA basketball tournament Q272: If the quantity demanded exceeds the quantity Q273: When the price is less than the
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents