ameliaekeller ameliaekeller
  • 02-10-2018
  • Social Studies
contestada

where on a graph is surplus and shortage located in relation to X

Respuesta :

slugsinmybutt
slugsinmybutt slugsinmybutt
  • 02-10-2018
If the market price is above the equilibrium price, quantity supplied is greater than quantity demanded, creating a surplus. Market price will fall. If the market price is below the equilibrium price, quantity supplied is less than quantity demanded, creating a shortage. The market is not clear. It is in shortage. Market price will rise because of this shortage. Hope this helps?
Answer Link

Otras preguntas

what are mnemonic devices
i need help with math my question is i hope this question doesnt get deleted so my question is which of the following numbers is divisible by 5
for homework, Brooke has 15 math problems, 5 social studies, and 9 science problems use mental math to determine how many problems she has for homework. tell w
A bar magnet is arranged with its north pole facing downward toward a conducting loop. The magnet is being lifted upward away from the loop. In which direction
Which statement best describes how a catalyst can speed up a chemical reaction?
Need help plz Which sentence uses the most appropriate tone for a letter to a local authority complaining about poorly maintained street lights? a. I am writin
numbers like 10;100;1,000 and so on are called
Solve (12ds)/w=CD for w
round 222702 to the nearest ten thousand
Is 0.3333 a rational number and why