Question: zxQuestion content area Part 1 When does a surplus occur in a market, and how is the market equilibrium restored? A surplus occurs when, at
zxQuestion content area Part 1 When does a surplus occur in a market, and how is the market equilibrium restored? A surplus occurs when, at a given price, ________. When a surplus occurs, the price ________ to restore the market equilibrium. A. the quantity supplied exceeds the quantity demanded; falls B. demand exceeds supply; rises C. the quantity demanded exceeds the quantity supplied; rises D. supply exceeds demand; falls
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