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

Briefly differentiate "White Matter" & "Grey Matter".
how does the author use the character of the nurse to develop the social issue of gender inequality?
what is a acrostic poem for safety need the answer ASAP!!!!!!!!​
Louisa states that the solution to the equation 1/4x - 3 = 3/8x + 4 is x = 56. She verifies her solution using the steps below. Equation: 1/4x - 3 = 3/8x + 4
The pine cone seed is the: female gametophyte male gametophyte container for the fertilized egg none of the above I guessed the 3rd one, am I right?
Find (-2) for (x) = 5•3*.
which of the following describes a simple event?
A population distribution shows _______
A(n) _______ angle of a triangle is equal to the sum of the two remote interior angles. -Exterior -Interior -Complementary -Vertical
Can someone please help me with this transformation question