Register
in a perfectly competitive market, if the quantity demanded exceeds the quantity supplied, we expect prices to:
137k views
3 votes
in a perfectly competitive market, if the quantity demanded exceeds the quantity supplied, we expect prices to:

User Falko
by
7.6k points

1 Answer

5 votes
This excess supply puts downward pressure on price and we expect the price to fall in the market.
User Adesh Atole
by
7.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.6m questions

11.2m answers

Other Questions

Who was Adam Smith ? Anybody?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is the best way to describe a stock market?
The government has decided that the free market price of cheese is too low. Farmers complain that the price floor has reduced their total revenue.Is this possible? Explain
The government’s involvement in economy serves what two purposes?
Link Copied!