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.

Finding the answer key at this time is easy. clickanswer.us provides accurate service for answering questions. We provide a clear answer key, which is accompanied by the discussion. we provide a variety of answer keys that range from elementary, junior high and upper level schools. We offer subjects like biology, mathematics, physics economics, history, and more. Below are the questions and answers which have been compiled from numerous sources available online.

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.

READ MORE :  Help please ASAP!!

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.  

READ MORE :  Which organism is most specialized? a. horse b. paramecium c. amoeba d. worm

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.

You can use the answer key above as a reference for studying at home or in school. Thank you for stopping by I hope it proves helpful to everyone.

Leave a Comment