Kizspy Question: 49
(Choose 1 answer)
When there is a surplus in the market, sellers will:
A. Increase price; thus, quantity demanded will increase and quantity supplied will decrease and the surplus
will be disappeared
B. Increase price; thus, quantity demanded will decrease and quantity supplied will increase and the surplus
will be disappeared
C. Decrease price; thus, quantity demanded will increase and quantity supplied will decrease and the surplus
will be disappeared
D. Decrease price; thus, quantity demanded will decrease and quantity supplied will increase and the surplus
will be disappeared
