
From a point of equilibrium, which of the following would most likely result in a surplus?
A) If demand shifted to the right
B) If the government kept the price greater than the equilibrium price
C) If supply shifted to the left
D) If the government kept the price below the equilibrium price
E) If the quantity demanded was greater than the quantity supplied
Correct Answer:
Verified
Q78: If producers must obtain a higher price
Q79: If farmers believe that it is more
Q80: Q81: If a smaller quantity is supplied at Q82: When economists say that the supply of Q84: Disequilibrium does not exist when Q85: At the equilibrium price, Q86: Which of the following statements is true Q87: In which of the following statements are Q88: ![]()
A) there is
A) there is a![]()
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