If the price is higher than the equilibrium price, then: a. quantity demanded is greater than quantity
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If the price is higher than the equilibrium price, then:
a. quantity demanded is greater than quantity supplied
b. quantity supplied is greater than quantity demanded
c. the price will increase over time
d. cannot answer with information given
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Related Book For
Principles Of Agricultural Economics
ISBN: 9780415540704
1st Edition
Authors: Andrew Barkley, Paul W. Barkley
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