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Other Fields Homework Help Economics Topic started by: Sublight2097 on Jun 20, 2015



Title: If the quantity of gasoline supplied currently exceeds the quantity demanded,
Post by: Sublight2097 on Jun 20, 2015
If the quantity of gasoline supplied currently exceeds the quantity demanded,
A) there is a surplus of gasoline.
B) gasoline is no longer a scarce good.
C) the price of gasoline would tend to remain unchanged.
D) all of the above are true.
E) none of the above is true.


Title: Re: If the quantity of gasoline supplied currently exceeds the quantity demanded,
Post by: Dropx on Aug 17, 2015
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Title: Re: If the quantity of gasoline supplied currently exceeds the quantity demanded,
Post by: Sublight2097 on Aug 31, 2015
My mind was going in all different directions trying to figure this one out. Thanks so much.


Title: Re: If the quantity of gasoline supplied currently exceeds the quantity demanded,
Post by: Dropx on Aug 31, 2015
Happy to help, let me know if you have any more requests.