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Nilima Hayre
Asked: 2022-11-05T12:15:48+05:30 In:

If the price of a commodity is below the equilibrium price, then quantity supplied is – than the quantity demanded. However, if the price is above in equilbirium price, then quantity supplied is – than the quantity demanded.
A. Less, more
B. Less, less
C. More, less
D. More, More

If the price of a commodity is below the equilibrium price, then quantity supplied is – than the quantity demanded. However, if the price is above in equilbirium price, then quantity supplied is – than the quantity demanded.
A. Less, more
B. Less, less
C. More, less
D. More, More
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1 Answer

  1. Correct Answer – (a)

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