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tawhid111 tawhid111
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2 months ago

Which of the following statements is false?



▸

At equilibrium in a market, scarcity does not exist.



▸

If there is a shortage of 100 units at a price of $2 per unit, the shortage will be greater than 100 units at a price of $1 per unit.



▸

If there is a surplus of 30 units at a price of $3, the surplus will be less than 30 units (or even nonexistent) at a price of $2.



▸

If there is a surplus, suppliers will not be able to sell all they had hoped to sell at a particular price.

Textbook 
Economics

Economics


Edition: 12th
Author:
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qwasqwas1qwasqwas1
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2 months ago
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At equilibrium in a market, scarcity does not exist.
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tawhid111 Author
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2 months ago
This helped my grade so much Perfect
jamesbove
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
kaytee23
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2 hours ago
Brilliant ツ
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