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Author Question: If the quantity demanded exceeds the quantity supplied in a market, then the result is which of the ... (Read 200 times)

09madisonrousseau09

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on: Jun 30, 2018
If the quantity demanded exceeds the quantity supplied in a market, then the result is which of the following?
 a. Deadweight loss b. Inefficiency
  c. Underproduction d. Each of these are true.

Question 2

If the quantity supplied exceeds the quantity demanded in a market, then the result is which of the following?
 a. Deadweight loss b. Inefficiency
  c. Overproduction d. Each of these are true.


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fffftttt

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


09madisonrousseau09

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

AmberC1996

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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