If the quantity supplied of mangoes exceeds the quantity-08968
If the quantity supplied of mangoes exceeds the quantity demanded of mangoes:
This multiple choice question (MCQ) is related to the book/course
vu eco401 Economics.
It can also be found in
vu eco401 Mid Term - Quiz No.2.
If the quantity supplied of mangoes exceeds the quantity demanded of mangoes:
There is a shortage of mangoes.
Market forces will cause the price to fall.
Market forces will cause the price to rise.
The market is in equilibrium.
