36- When the price of a good is above its equilibrium price, a: Question 36 opti

Question

36- When the price of a good is above its equilibrium price, a: Question 36 options: a- surplus puts upward pressure on the price. b- surplus puts downward pressure on the price. c- shortage puts upward pressure on the price. d- shortage puts downward pressure on the price. 36- When the price of a good is above its equilibrium price, a: 36- When the price of a good is above its equilibrium price, a: a- surplus puts upward pressure on the price. b- surplus puts downward pressure on the price. c- shortage puts upward pressure on the price. d- shortage puts downward pressure on the price. surplus puts upward pressure on the price. surplus puts downward pressure on the price. shortage puts upward pressure on the price. shortage puts downward pressure on the price. a- surplus puts upward pressure on the price. b- surplus puts downward pressure on the price. c- shortage puts upward pressure on the price. d- shortage puts downward pressure on the price.

Explanation / Answer

surplus puts downward pressure on the price. b- surplus puts downward pressure on the price.

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