If government fixes price below the equilibrium price, wh...
If government fixes price below the equilibrium price, what effect will it have on demand?
Quantity demanded and supplied will be equal
Quantity supplied will be greater than quantity demanded
Quantity demanded will increase
Quantity demanded will decrease
Correct answer is C
No explanation has been provided for this answer.
The exchange rate determined by market forces is known as ...
One of the characteristics of oligopoly is the availability of ...
The cost incurred by using both fixed and variable factors in production is called ...
In this diagram, So So is the original supply curve while S1 S1 represent? ...
One disadvantage of trade by barter is that ...
The demand for labour in an economy is a depiction of ...
Optimum population is the population level at which ...
Branding and packaging of goods is the function of ...
In the the longrun, a firm must shut down if its average revenue is? ...