Why does a higher-than-equilibrium price tend to return to the equilibrium price level? OA. Aggregate demand is maintain

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Why does a higher-than-equilibrium price tend to return to the equilibrium price level? OA. Aggregate demand is maintain

Post by answerhappygod »

Why Does A Higher Than Equilibrium Price Tend To Return To The Equilibrium Price Level Oa Aggregate Demand Is Maintain 1
Why Does A Higher Than Equilibrium Price Tend To Return To The Equilibrium Price Level Oa Aggregate Demand Is Maintain 1 (33.42 KiB) Viewed 14 times
Why does a higher-than-equilibrium price tend to return to the equilibrium price level? OA. Aggregate demand is maintained by an increase in government spending.. OB. The AS curve shifts to the left to create a new equilibrium. OC. There is growth in demand in one or more of the four sectors of the economy. D. Businesses lower prices to help sell the increasing excess in inventory.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply