If Aggregate Quantity Demanded Is Greater Than Aggregate Quantity Supplied

question 12

Multiple Choice

If aggregate quantity demanded is greater than aggregate quantity supplied at a particular price level,then

• A) consumers will bid prices upward,and a greater quantity of output will be supplied.
• B) the shortage will likely be eliminated.
• C) a and b
• D) none of the above

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Definitions:

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The outcome or impact of engaging in play, often related to children's developmental, social, or educational gains.

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A concept in educational psychology introduced by Lev Vygotsky, referring to the difference between what learners can do without help and what they can achieve with guidance and encouragement from a skilled partner.