When quantity demanded is greater than quantity supplied, there ____. a) is a shortage b) is a
Question:
When quantity demanded is greater than quantity supplied, there ____.
a) is a shortage
b) is a surplus
c) may be either a shortage or a surplus
d) may be neither a shortage nor a surplus
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Market Equilibrium Market equilibrium refers to the state of balance in a market where the quantity ...View the full answer
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