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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Principles Of Agricultural Economics

ISBN: 9780415540704

1st Edition

Authors: Andrew Barkley, Paul W. Barkley

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Question Posted: Apr 17, 2024 08:00 AM

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If the price is higher than the equilibrium price, then: a. quantity demanded is greater than quantity

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Principles Of Agricultural Economics

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