If a maximum price is set below equilibrium there will be ? – McqOptions

MCQOPTIONS

1.	If a maximum price is set below equilibrium there will be ?
A.	A price fall
B.	A price increase
C.	Excess supply
D.	Excess demand
Answer» D. Excess demand

Discussion

No Comment Found

Related MCQs

A public good will ?
Satellite television subscription and television detection devices are ways in which broadcasting companies address the ________ problem?
A positive externality occurs when ?
An increase (rightward shift) in the demand for a good will tend to cause ?
If the price of good is below the equilibrium price ?
Which of the following statements is true about the impact of an increase in the price of lettuce ?
Market failure may arise because of ?
Suppose consumer tastes shift toward the consumption of apples Which of the following statements is an accurate description of the impact of this event on the market for apples ?
A good example of a public good is ?
Suppose there is an increase in both the supply and demand for personal computers. In the market for personal computers, we would expect?