Solved

If the Market Price Is Below Equilibrium, Then

Question 32

Multiple Choice

If the market price is below equilibrium, then


A) there is excess demand.
B) there is excess supply.
C) the supply curve will shift to the right.
D) the demand curve will shift to the right.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions