When the Price Is ________ the Equilibrium Price,we Would Expect

question 134

Multiple Choice

When the price is ________ the equilibrium price,we would expect there to be a ________,causing the market to put ________ pressure on the price until it went back to the equilibrium price.

• A) above; surplus; upward
• B) above; shortage; downward
• C) below; surplus; upward
• D) below; shortage; downward
• E) above; surplus; downward