When excess demand occurs in an unregulated market, there is a tendency for:

June 21, 2021 – by admin

Question:

When excess demand occurs in an unregulated market, there is a tendency for:

A.

price to rise

B.

quantity supplied to decrease

C.

quantity demanded to increase

D.

price to fall

Answer» a. price to rise

Note:

The above multiple-choice question is for all general and Competitive Exams in India.