Learn: Excess Demand and Excess Supply on Diagrams
Pearson Edexcel Level 3 Advanced GCE in Economics A (9EC0)
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Match the items on the left with their correct pairs on the right
Match the items on the left with their correct pairs on the right
What typically causes excess demand?
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Match the items on the left with their correct pairs on the right
What happens when there is excess supply in a market?
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Excess supply occurs when the {{blank0}} curve is higher than the {{blank1}} curve above equilibrium price.
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Match the items on the left with their correct pairs on the right
Match the items on the left with their correct pairs on the right
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Match the items on the left with their correct pairs on the right
Which of the following statements about excess demand and supply are true? (Select all that apply)
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