Top Posters
Since Sunday
g
2
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
hardy7luver hardy7luver
wrote...
Go to Answer
Posts: 147
Rep: 0 0
A year ago

On a supply-and-demand diagram, consider a price for which the horizontal distance to the supply curve exceeds the horizontal distance to the demand curve. There is a __________ at that price and the current price must be __________ the equilibrium price.



▸

shortage; above



▸

shortage; below



▸

surplus; above



▸

surplus; below

Textbook 
Economics

Economics


Edition: 12th
Author:
Read 81 times
1 Reply
Replies
Answer verified by a subject expert
browntown345browntown345
wrote...
#1
Posts: 138
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

hardy7luver Author
wrote...

A year ago
Thanks for your help!!
africa143
wrote...

Yesterday
this is exactly what I needed
kater28
wrote...

2 hours ago
Good timing, thanks!
New Topic      
Quick Reply
Bold
Italic
Underline
Strikethrough
Subscript
Superscript
Insert Math Equation
Font Name
Font Color
Align left
Center
Align right
Bullet list
Numbered list
Insert a horizontal rule
Insert a table
Insert a Quote
View source
Explore
Post your homework questions and get free online help from our incredible volunteers
  1316 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 355
  
 1338
  
 235
Your Opinion
Which country would you like to visit for its food?
Votes: 895
Previous poll results: What's your favorite coffee beverage?