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

______ happens at the end of telophase II.
Please help me out, asap! :-) Thank You very much... A particle accelerates from rest with an acceleration of 3m/s^2 to a speed V. It continues at this speed fo
69/11 in a mixed number
sixteen action figures are arranged equally on 2 shelves. How many action figures are on each shelf?Model the problem with both an array and a labeled tape diag
What does CPU stand for. And it is the _____ of the computer
0.59 write the decimals in expanded form
what events led to a conflict between the Jamestown settlers and the powhatan confenderacy
What is a word family for mentor and uttered?
the leading factor in the european colonization of asia between 1500 and 1800 was the desire
The Neolithic Revolution refers to the time when early humans were beginning to do what?