Ask Question
15 July, 09:51

When a surplus exists in a market, sellers

a. raise price, which decreases quantity demanded and increases quantity supplied, until the surplus is eliminated.

b. lower price, which increases quantity demanded and decreases quantity supplied, until the surplus is eliminated.

c. raise price, which increases quantity demanded and decreases quantity supplied, until the surplus is eliminated.

d. lower price, which decreases quantity demanded and increases quantity supplied, until the surplus is eliminated?

+3
Answers (2)
  1. 15 July, 09:57
    0
    Letter D I believe ...
  2. 15 July, 10:51
    0
    d

    Explanation: i just took the test.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “When a surplus exists in a market, sellers a. raise price, which decreases quantity demanded and increases quantity supplied, until the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers