When the supply of a good increases and the demand stays the same
A) the price of the good will rise.
B) the price of the good will fall and quantity will not change.
C) the price of the good will remain the same.
D) the price of the good will fall and quantity will rise.
Correct Answer:
Verified
Q44: Which situation below would represent a surplus
Q45: If the demand for mushrooms increases while
Q46: When quantity supplied equals quantity demanded,
A)there is
Q47: When the demand for a product decreases
Q48: Shortages are associated with price _;surpluses are
Q50: When the market price of a good
Q51: According to the law of demand,the
A)quantity demanded
Q52: When supply increases
A)demand decreases.
B)price increases because excess
Q53: For there to be demand for a
Q54: Which statement is true?
A)The quantity demanded is
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