Question

In a market of three ice cream sellers A, B, and C with
price of Rs.10 per cone of ice cream, A is
willing and ready to supply 10Kgs of ice cream, B is willing and ready to supply 20Kgs of ice
cream, and C is willing and ready to supply 30Kgs of ice cream. What is aggregate market
supply of ice cream at Rs. 10 per cone?
a. 30Kgs of C
b. 10, 20 or 30 Kgs based on supplier
c. Sum of three i.e. 60 Kgs
d. It should be more than demand in the market.​

Answer 1

Explanation:

I think option d

it should be more than demand in the market

Answer 2

Concept Introduction:-

A phrase set up of a subject, verb, object, and modifiers. A grouping of modifiers, a subject, a verb, and an object.

Explanation:-

We have been provided a question

We need to choose from the given alternatives the correct option

The correct option is $d.$ It should be more than demand in the market.​

It is because Economists call this an “excess demand” – the quantity demanded is greater than the quantity supplied at the given price. This is also called a shortage. Market demand describes the demand for a given product and who wants to purchase it. This is determined by how willing consumers are to spend a certain price on a particular good or service.

Final Answer:-

The correct answer is option $d.$ It should be more than demand in the market.​

#SPJ2