When excess demand occurs in an unregulated market, there is a tendency for:

Related MCQs

• ________ refers to the market situations whether there is one seller and there is not close substitute to the commodity sold by the seller.
• When the price elasticity of demand is equal to one, the demand curve is
• According to the ‘Law of Demand, demand varies ________ with price.
• _________ demand is also known as Direct Demand.
• In the case of a perfectly competitive firm, the demand curve for product is
• The AR curve and industry demand curve are identical
• Which of these would lead to fall in demand for money?
• When the price of a complementary product falls, the demand for the other product will ___
• Total Outlay Method of measuring Elasticity of Demand was introduced by _________
• Money market is controlled by the ___________