SELECT * FROM question_mgmt as q WHERE id=10290 AND status=1 SELECT id,question_no,question,chapter FROM question_mgmt as q WHERE courseId=3 AND subId=60 AND chapterId=612 and ex_no='1' AND status=1 ORDER BY CAST(question_no AS UNSIGNED) CBSE Free NCERT Solution of 12th micro-economics Market Equilibrium when do we say that there is an excess demand for

Question:

When do we say that there is an excess demand for a commodity in the market?

Answer:

When the market demand exceeds the market supply at a particular price, then the situation that arises is excees demand. In other words, if at any price, the producers are willing to supply comparatively less than what is demanded by all the consumers in the market, then we face the situation of excees demand.


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SELECT ex_no,question,question_no,id,chapter FROM question_mgmt as q WHERE courseId='3' AND subId='60' AND ex_no!=0 AND status=1 and id!=10290 ORDER BY last_viewed_on desc limit 0,10

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  • Answered by Ekta Mehta
  • 4 months ago

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  • Answered by Ekta Mehta
  • 4 months ago

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