Multiple Choice
Surpluses are eliminated by
A) allowing price to fall.
B) increasing quantity supplied.
C) decreasing quantity demanded.
D) allowing price to rise.
E) frightening consumers.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q150: The concept of producer surplus is easiest
Q151: As consumers become more health conscious, the
Q152: Markets produce the products and services we
Q153: Which statement about markets is false?<br>A) sellers
Q154: Rising prices provide incentives for businesses to
Q156: Rising prices for a service<br>A) create incentives
Q157: When supply increases,<br>A) price falls and demand
Q158: We observe a fall in the price
Q159: Supporters of "free markets" believe that<br>A) the
Q160: At the equilibrium price, business inventories are<br>A)