Ring deficient demand
  • a)
    Market price remains the same
  • b)
    Market price rise
  • c)
    Market price falls below the equilibrium price
  • d)
    Market price fall
Correct answer is option 'D'. Can you explain this answer?

Commerce Question

By Arjav Jain · 4 weeks ago ·Commerce
2 Answers
Tainy Jain answered Oct 01, 2018
Supply of goods and services increases,demand will remains the same,prices tend to fall.

Mayank Sharma answered Nov 13, 2018
Deficient demand refers to the situation when aggregate demand (AD) is less than the aggregate supply (AS) corresponding to full employment level of output in the economy. ... The situation of deficient demand arises when planned aggregate expenditure falls short of aggregate supply at the full employment level.

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