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The equilibrium price of mangoes is N1.00. If the price fall to 50k, there will be
Classroom
Economics Classroom
Waec
Waec 1998
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The equilibrium price of mangoes is N1.00. If the price fall to 50k, there will be
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
An excess demand
B
An excess supply
C
A surplus in the market
D
Many sellers in the market
E
No seller in the market
Show Answer
Show Explanation
Correct Answer:
Option A
Explanation:
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