CIMA Fundamentals of Business Economics BA1 Question # 82 Topic 9 Discussion

CIMA Fundamentals of Business Economics BA1 Question # 82 Topic 9 Discussion

BA1 Exam Topic 9 Question 82 Discussion:
Question #: 82
Topic #: 9

If the price of a good is held above the equilibrium price, the result will be


A.

a shortage in the market


B.

a surplus in the market


C.

excess demand for the good


D.

an increase in the demand for the good


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