Home
Class 11
ECONOMICS
Explain the meaing of excess demand and ...

Explain the meaing of excess demand and excess supply with the help of a schedule. Explain their effect on equilibrium price.

Answer

Step by step text solution for Explain the meaing of excess demand and excess supply with the help of a schedule. Explain their effect on equilibrium price. by ECONOMICS experts to help you in doubts & scoring excellent marks in Class 11 exams.

Doubtnut Promotions Banner Mobile Dark
|

Topper's Solved these Questions

  • PRICE DETERMINATION

    RADHA BHUGANA|Exercise SATQ|12 Videos

  • INTRODUCTION

    RADHA BHUGANA|Exercise Unsolved Numericals|4 Videos

  • PRODUCER BEHAVIOUR AND SUPPLY

    RADHA BHUGANA|Exercise LET US RECAPITULATE|1 Videos

Similar Questions

Explore conceptually related problems

Explain the meaning of excess demand and excess supply with the help of a schedule. Explain their effect on equilibrium price.

Explain the meaning of 'increase in supply and 'increase in quantity supplied' with the help of a schedule.

What is meant by expansion is demand ? Explain it with the help of a schedule and a diagram.

Excess supply leads to fall in equilibrium price.

Price Determination|Excess Demand|Excess Supply

Price Determination|Excess Demand|Excess Supply

Explain the determination of price under perfect competition with the help of a schedule and a diagram.

Explain law of demand with the help of a demand schedule.

Explain the concept of supply schedule and supply curve with the help of a hypothetical schedule and diagram.

Explain the law of demand with the help of an imaginary schedule and diagram.

Home
Profile