What happens in the market when the price is too high or too low? I - If the price is too high, the quantity demanded decreases and the quantity s...
What happens in the market when the price is too high or too low?
I - If the price is too high, the quantity demanded decreases and the quantity supplied increases, leading to an excess of supply.
II - If the price is too low, the quantity demanded increases and the quantity supplied decreases, leading to an excess of demand.
a) Only I is correct.
b) Only II is correct.
c) Both I and II are correct.
d) Neither I nor II is correct.
I - If the price is too high, the quantity demanded decreases and the quantity supplied increases, leading to an excess of supply.
II - If the price is too low, the quantity demanded increases and the quantity supplied decreases, leading to an excess of demand.
a) Only I is correct.
b) Only II is correct.
c) Both I and II are correct.
d) Neither I nor II is correct.
💡 1 Resposta
Ed 
A resposta correta é a alternativa c) Both I and II are correct. Quando o preço está muito alto, a quantidade demandada diminui e a quantidade ofertada aumenta, resultando em um excesso de oferta. Por outro lado, quando o preço está muito baixo, a quantidade demandada aumenta e a quantidade ofertada diminui, resultando em um excesso de demanda.
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