Top Posters
Since Sunday
38
o
10
j
9
m
9
9
C
8
s
8
a
8
f
8
y
8
n
8
d
8
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Tidy Tidy
wrote...
Go to Answer
Posts: 4852
Rep: 38 0
8 years ago
If the quantity demanded for a product exceeds the quantity supplied, the market price will rise until
A) the quantity demanded equals the quantity supplied. The product will then no longer be scarce.
B) quantity demanded equals quantity supplied. The equilibrium price will then be greater than the market price.
C) only wealthy consumers will be able to afford the product.
D) quantity demanded equals quantity supplied. The market price will then equal the equilibrium price.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 1918 times
2 Replies
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
Replies
Answer verified by a subject expert
SmooothSmoooth
wrote...
#1
Top Poster
Posts: 5500
Rep: 380 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
D
KRORY,  zhongguo88,  kisiaoeh

Related Topics

wrote...
#2
8 years ago
You're welcome Happy Dummy
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  409 People Browsing
 195 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 312
  
 846
  
 250
Your Opinion
Which country would you like to visit for its food?
Votes: 135
Previous poll results: Which of the following is the best resource to supplement your studies: