The search for the correct answer in this moment is a breeze. clickanswer.us provides accurate question and answer services. we offer a concise answer key that is complete with the discussion. We provide a range of answer keys that span from junior high, elementary and upper level schools. subjects we provide such as biology, mathematics, physics economics, history, and more. Below are the question and answer keys that have been summarized from various sources from the web.
Question:
If the actual price in this market were above the equilibrium price, quantity supplied would be than quantity demanded, so there would be pressure on prices.
true or false: if the actual price in this market were below the equilibrium price, suppliers could raise the price without losing sales.

 true
 false
Answer:
Answer: Greater, fall, True
Explanation:
If the actual price in this market were above the equilibrium price, quantity supplied would be greater than quantity demanded, so there would be surplus in the market. Sellers will not be able to sell all they want and their will be a pressure on prices to fall.
If the actual price in this market were below the equilibrium price, the quantity demanded is greater than supply. Consumers are not getting all they want and thus, the suppliers could raise the price without losing sales. Thus, the statement is true.
Use the answer key provided above as a reference for studying at home and at school. thank you for visiting I hope it proves helpful to everyone.