ECO111_-_FA_2023_-_FE_997.webp
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ECO111_-_FA_2023_-_FE_997.webp

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(Choose 1 answer)
If a surplus exists in a market, then
A. the actual market price is above the equilibrium price, and quantity supplied is greater tha demanded.
B. the actual market price is above the equilibrium price, and quantity demanded is greater supplied.
C. the actual market price is below the equilibrium price, and quantity demanded is greater 1 supplied.
D. the actual market price is below the equilibrium price, and quantity supplied is greater tha demanded.


Exit 27

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