The gap between demand and supply curves above the equilibrium price is?

by Sunday | May 24 | Economics WAEC | 0 comments

A. normal demand
B. excess supply
C. equilibrium quantity
D. abnormal demand

Correct Answer: Option B

B. excess supply

Users Also Read These:

Recent Posts

Products

Health Team Original price was: ₦1,000.00.Current price is: ₦300.00.
Factors Affecting Health in Nigeria Original price was: ₦1,000.00.Current price is: ₦300.00.
Primary Health Care Principles Original price was: ₦1,000.00.Current price is: ₦300.00.
Nigeria Healthcare Tiers Original price was: ₦1,000.00.Current price is: ₦300.00.
Primary Health Care - Health According To WHO - Referral System Original price was: ₦1,000.00.Current price is: ₦300.00.

Product categories

Earn Your Degree In 3 Years Without Writing UTME. Click Here To Learn More.