Multiple Choice
Excess supply of a product exerts ___________pressure on prices
A) Zero
B) No
C) Upward
D) Downward
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q26: Which of these is an example of
Q27: An increase in income causes,the price for
Q28: How does an increase in income affect
Q29: The wages for Nike workers increases.At the
Q30: Suppose there are 11 buyers and 11
Q32: In the 1990s,many people had rising incomes.At
Q33: A market maker faces the following demand
Q34: A recent medical study shows that peanuts
Q35: Excess demand of a product exerts _pressure
Q36: An increase in the price of a