If the price of good is below the equilibrium price ? – McqOptions

MCQOPTIONS

1.	If the price of good is below the equilibrium price ?
A.	there is a shortage and the price will rise
B.	the quantity demanded is equal to the quantity supplied and the price remains unchanged
C.	there is a shortage and the price will fall
D.	there is a surplus and the price will rise
Answer» B. the quantity demanded is equal to the quantity supplied and the price remains unchanged

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