jadekosier61 jadekosier61

19-05-2021
History

contestada

If prices are set higher than the
equilibrium price, what economic term
describes the resulting extra goods?

Respuesta :

19-05-2021

Answer:

Regardless of the cause, we see in Figure 3.6b that a price above equilibrium will result in quantity supplied being greater than quantity demanded. This excess supply is also known as a surplus.

Explanation:

Hope it helps!

Answer Link

Otras preguntas

All of the followingshould be followed by entrepreneur for being effective leader,EXCEPT: a. Show respect foremployees b. Show concern foremployees’ welfare c.

Suppose you are an astronaut on a spacewalk, far from any source of gravity. You find yourself floating alongside your spacecraft but 10 m away, with no propuls

A large in-falling fragment could be tracked using radar. Explain how distance, speed, and the direction of motion, of the fragment could be determined. (15 poi

Consider the diagram. The length of segment QS__ is units.

True-breeding flies with red eyes and long wings were crossed to flies with white eyes and miniature wings. All F1 offspring had red eyes and long wings. The F1

What is the purpose of an exhaust emission system

The 1960 presidential debate between John F. Kennedy and Richard Nixon: a. was little noticed at the time. b. allowed Nixon to demonstrate his best qualities, t

the way a word makes you feel is called

Why did President Johnson believe that it was important for the United States to win in Vietnam?

what are some differences between the monotheistic please i need help