According to the classical theorists,it is impossible to have a
A) surplus of a particular product.
B) shortage of a particular product.
C) decrease in the demand for a product.
D) decrease in the supply of a product.
E) general overproduction of products.

Question

Quizplus · Accepted Answer

According to the classical theorists, market forces will always equilibrate supply and demand, leading to a balance where there is neither a surplus nor a shortage of a particular product. Therefore, general overproduction of products would be impossible in their view.

According to the Classical Theorists,it Is Impossible to Have a