If in this demand-supply diagram, the quantity supplied i...
If in this demand-supply diagram, the quantity supplied is OQ, then
Price will be OP
There will be excess demand of RT
Price will be ON
Price will tend to rise
Correct answer is B
No explanation has been provided for this answer.
Similar Questions
Subsistence agriculture means ...
One major export crop in West Africa is ...
A commodity is defined as normal when its demand changes in the same direction as______ ...
Which of these is true of a perfect competitor? ...
Which of the following are examples of transfer payment ...
Government intervention in an economy is often justified on the ground that ...
Which of the following best describes the multiplier? ...
Unlike the retailer, the wholesaler provides ...
A country would develop its agricultural sector first so as to ...
The labour force of a country is determined by the___________ ...