excess supply is created when price or move away from the equilibrium point. elasticity quality time quantity
excess supply is created when price or move away from the equilibrium point. elasticity quality time quantity
Answer
Brief Explanations:
In economics, excess supply occurs when the quantity supplied is greater than the quantity demanded at a given price. This happens when price or quantity moves away from the equilibrium point. Elasticity, quality, and time are not the direct factors that create excess - supply in the context of the basic supply - demand model.
Answer:
quantity