When quantity supplied of a commodity is more than its quantity demanded, the most common outcome is competition among? (a) Buyers leading to rise in price (b) Sellers leading to fall in price (c) Buyers leading to Tall in price (d) Sellers leading to rise in price.
Answers
Answered by
0
Answer:
b
Explanation:
b is correct option bcoz more supply than demand produces the low price effect
Answered by
0
Answer:
The correct answer of this question is the sellers leading to fall in price
Explanation:
Given - The quantity supplied of a commodity is more than its quantity demanded.
To Find - Write the most common outcome is competition among?
Sellers leading to fall in price the most common outcome is competition among.
Because there is more supply than demand, the price effect is modest.
Fall in prices- Deflation is a widespread drop in the price of goods and services, usually accompanied by a reduction in the amount of money and credit available in the economy.
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