Question 7

If a market for good X is in disequilibrium, which of the following statements is true about the quantity of X that is actually exchanged?

  • A.It is determined by the forces of demand
  • B.it is determined by the forces of supply
  • C.it is determined by both demand and supply forces
  • D.it is determined by the forces of demand or supply whichever is shorter
Objective

Question details

Exam body
OAU
Subject
Economics
Year
2014/2015
Question no.
#7
Type
Objective

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