When excess demand occurs in an unregulated market, there is a tendency for ?

Related Mcqs:

The law of demand implies that ?

A. as prices rise, demand decrease B. as prices fall, quantity demanded increase C. as prices fall demand increases D. as prices rise, quantity demanded increases...

A contraction in supply occurs when ?

A. Demand shifts outwards B. The supply curve shifts inwards C. The quantity supplied falls when the price falls D. The supply curve shifts outwards...

Adding up the quantities demanded of a good by different people facing the same price gives us the ?

A. Supply curve B. Market demand curve C. Demand curve D. Market supply curve...

A fall in price ?

A. Will cause an inward shift of demand B. Will cause an outward shift of supply C. May be caused by a fall in demand D. Leads to a higher level of production...

Improved training of employees would ?

A. Shift aggregate supply to the right B. Shift aggregate supply to the left C. Shift aggregate demand to the right D. shift aggregate demand to the left...