If price falls below the equilibrium

Economics WAEC 1993

If price falls below the equilibrium

  • Demand will equal supply
  • Demand will be greater than supply checkmark
  • Supply will be greater than demand
  • Price will become indeterminate
  • Quantity supplied will be zero

The correct answer is: B

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment