menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 20
  4. Exam
    Exam 3: Supply and Demand: Theory
  5. Question
    At a Price Above the Equilibrium Price,there Is
Solved

At a Price Above the Equilibrium Price,there Is

Question 9

Question 9

Multiple Choice

At a price above the equilibrium price,there is


A) a shortage.
B) a surplus.
C) excess demand.
D) super-equilibrium.
E) none of the above

Correct Answer:

verifed

Verified

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

Related Questions

Q4: On a supply-and-demand diagram,consider a price for

Q5: Supply curves are usually upward sloping.

Q6: One reason that helps to explain the

Q7: Assume that computers and software are complements.If

Q8: The law of diminishing marginal utility helps

Q10: In the supply-and-demand diagram of the market

Q11: Demand takes into account goods,but not services.

Q12: Consumers' surplus is the difference between the

Q13: An "increase in the quantity demanded" means

Q14: A change in price will lead to

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines