https://www.geekmcq.com/
CSS Solved Papers
Physics Chemistry

CSS :: Market Equilibrium

  Ten rupees is the equilibrium price for good X. If government fixes price at Rs. 5, there is:
[A]. A shortage[B]. A surplus
[C]. Excess supply[D]. Loss

Answer: Option A
Write your comments here:
Name *:     Email:

© 2012-2024 by GeekMCQ™ Technologies. All Rights Reserved | Copyright | Terms of Use & Privacy Policy | Referals

Contact us: info@geekmcq.com