Ask Question
25 November, 17:37

What happens when when the quantity of a good supplied at a given price is greater than the quantity demanded? A-excess supply B-stable prices C-exact equilibrium D-increased production

+4
Answers (1)
  1. 25 November, 17:54
    0
    When a price ceiling is set below the equilibrium price, quantity demanded will ... price, quantity supplied will exceed quantity demanded, and excess supply or ... who may then pass legislation to prevent a certain price from climbing "too high" or ... Laws enacted by the government to regulate prices are called price controls.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What happens when when the quantity of a good supplied at a given price is greater than the quantity demanded? A-excess supply B-stable ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers