7
QuizMultiple Choice

Determining Market Price

Question 7 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27

The graph shows excess demand.Which needs to happen in order to stop disequilibrium from occurring?

Question illustration
Answer
Q
Q needs to be coordinated with supply.
Q
Q needs to be coordinated with demand.
T
The price of goods needs to be increased.
T
The price of goods needs to be decreased.
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