When there is an excess quantity supplied
A) the market is in equilibrium.
B) quantity demanded is greater than quantity supplied.
C) quantity demanded is less than quantity supplied.
D) prices will remain stable.
C
Economics
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The Sherman Act was patterned closely after the British Act against monopolies
Indicate whether the statement is true or false
Economics
An increase in supply, other things being equal, will cause which of the following to occur?
A) quantity supplied to decrease. B) quantity demanded to increase. C) a rightward shift in the demand curve as the price falls. D) a leftward shift in the demand curves as the price increases.
Economics