menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics The Basics
  4. Exam
    Exam 3: Market Equilibrium and Shifts
  5. Question
    Excess Demand Generally Causes Prices to Go Down
Solved

Excess Demand Generally Causes Prices to Go Down

Question 14

Question 14

True/False

Excess demand generally causes prices to go down.

Correct Answer:

verifed

Verified

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

Related Questions

Q9: The selling prices of houses in 2003

Q10: What happens when a supply curve shifts

Q11: If a town begins requiring builders to

Q12: A normal good is one whose demand

Q13: Hurricane Katrina caused refineries and oil rigs

Q15: <span class="ql-formula" data-value="\begin{array} { c | c

Q16: A demand shift changes the amount sellers

Q17: If supply is inelastic,then a demand shift

Q18: Movies delivered over the Internet might have

Q19: How might a government cause a demand

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