Multiple Choice
If the price of a video download is below its equilibrium price, the quantity supplied is ________ than the quantity demanded. If the price of a video download is above its equilibrium price, the quantity supplied is ________ than the quantity demanded.
A) less; greater
B) greater; less
C) less; less
D) greater; greater
Correct Answer:

Verified
Correct Answer:
Verified
Q251: The price of a tomato increases and
Q252: Gruel is an inferior good. Hence, a
Q253: The relative price of a good is
Q254: For consumers, chocolate chip cookies and doughnuts
Q255: The "law of demand" is illustrated by
Q257: Georgine buys more sweaters when her income
Q258: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The diagram above
Q259: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure above
Q260: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above table
Q261: In 2014, the price of peanuts was