Question

What do you have when the actual price in a market is below the equilibrium price? A. excess supply B. a price ceiling C. equilibrium D. a price floor

Answer 1

excess supply i believe is the answer

Answer 2

A. excess supply

Step-by-step explanation:

Excess supply is a situation in which the quantity of a good supplied is higher than the quantity of a good demanded. In other words, this means that the quantity of the product that producers wish to sell is more than the quantity that buyers are willing to buy. This leads to an actual price that is below the equilibrium price, in an effort to convince more people to buy the product.