Homework Help: economics please ?

Posted by tony on Monday, December 20, 2010 at 8:04pm.

When quantity supplied equals quantity demanded:
A. there is disequilibrium
B. the marked is cleared
C. there is excess quantity demanded.
D. there is excess quantity supplied

I'm stuck between C and D but I think it's D?

economics please ? - Ms. Sue, Monday, December 20, 2010 at 8:12pm
I doubt if either of your answers is correct. (Please note that I'm not an economist.)

I think this site has your answer.

http://en.wikipedia.org/wiki/Economic_equilibrium

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