loading

Econ202

Question:

when the quantity demanded of a good is greater than the quantity supplied at the prevailing market price

Answer:

the price of the good tends to rise
View as Flashcard Deck

About this Free Flashcard Deck

Last update by fishingfreak1122 on 04/03/2013
  • Share
Econ202
Econ202
Total Views: 39925
Teams This Deck Belongs To
Deck does not belong to any team.
Flashcard Deck Tags
Others Studying this Deck
Free Flashcard From Econ202
Question: when the quantity demanded of a good is greater than the quantity supplied at the prevailing market price
Answer: the price of the good tends to rise