Home

If, at the prevailing price, more of a good is desired than is available for sale:

A. The price is below equilibrium

B. The price is at equilibrium

C. The price must fall

D. We cannot tell anything about the price

Study and Earn Android App
Share this question with your friends

Correct Answer : A.


Please do not use chat terms. Example: avoid using "grt" instead of "great".

Submit
Load More..

Also checkout

Wave, Motion, and Sound MCQ Solution MCQ Atomic Structure MCQ Electronics MCQ Pteridophyta MCQ Profit and Loss MCQ Rearrangement Set 4 MCQ Area MCQ Inequalities MCQ Coding Decoding MCQ Plants Physiology MCQ Male reproduction and infertility MCQ