Question: Excess demand exists when Select one: O a. quantity demanded does not equal supply. O b. demand is rising. O c. price is below
Excess demand exists when Select one: O a. quantity demanded does not equal supply. O b. demand is rising. O c. price is below the equilibrium price. O d. market prices are very low.
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Answer is C When the price is below the equilibrium price W... View full answer
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