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HELP ASAP PLEASE 24. What is the term if price is set buy the goverment and the quantity supplied of a product is greater than the quantity demanded for that product? a. Shortage b. Surplus c. Inferior
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HELP ASAP PLEASE

24. What is the term if price is set buy the goverment and the quantity supplied of a product is
greater than the quantity demanded for that product?
a. Shortage
b. Surplus
c. Inferior good
d. Normal good

User Dmitry Zotikov
by
9.2k points

2 Answers

3 votes
It will be b surplus
User Luka Milani
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6 votes
I think the answer will be C
User Ctrlspc
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8.3k points
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