Multiple Choice
When there is a surplus in the market, the quantity sold is
A) less than the quantity demanded.
B) equal to the quantity demanded.
C) equal to the quantity supplied.
D) greater than the quantity bought.
Correct Answer:
Verified
Related Questions
Q246: A shortage causes the
A) price to fall.
B)
Q247: The existence of a shortage
A) is impossible
Q248: Q249: The price of a good will fall Q250: If there exists a shortage in the Q252: If the price is above the equilibrium Q253: A surplus occurs when the price is
A)
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