Flashcard sets with a 'excess demand' term meaning 'the amount by which quantity demanded exceeds quantity supplied when the price of a good lies below the equilibrium price.'

SEARCH

See other definitions of term:excess demand

1-1 of 1Flashcard sets with a 'excess demand' term meaning 'the amount by which quantity demanded exceeds quantity supplied when the price of a good lies below the equilibrium price.'
# Title Terms Date
1Econ101- Chapter 1,2,3by asmith1051 termsSeptember 25, 2008
Get rid of ads on Quizlet
Groups 0Definitions 0

No groups found.

No definitions found.