C-03-Q072mediumsingle_mcq
Sujon wants to buy 120 kg of potatoes at tk 25/kg, but seller Karim wants to sell 160 kg at this price. This situation indicates:
Sujon wants to buy 120 kg of potatoes at tk 25/kg, but seller Karim wants to sell 160 kg at this price. This situation indicates:
- aexcess demand, so price will rise
- bexcess supply, so price will fall
- cequilibrium has been reached
- dsupply is zero