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If businesses are decreasing production and lowering their prices, what situation is being eliminated in the market for that good? A surplus O Scarcity OA shortage OA dysfunctio…

If businesses are decreasing production and lowering their prices, what situation is being eliminated in the market for that good? A surplus O Scarcity OA shortage OA dysfunctio…
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If businesses are decreasing production and lowering their prices, what situation is being eliminated in the market for that good?

A surplus
O Scarcity
OA shortage
OA dysfunctional coordinating mechanism
O Equilibrium

User Kingbase
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8.1k points

1 Answer

3 votes
The answer is A. Surplus
User Vansimke
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9.2k points
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