Which of the following is evidence of a surplus of bananas?
Which of the following is evidence of a surplus of bananas?
A) Firms raise the price of bananas.
B) The price of bananas is lowered in order to increase sales.
C) The equilibrium price of bananas rises due to an increase in demand.
D) The quantity of bananas demanded is greater than the quantity supplied.
Homework Answers
B) The price of bananas is lowered in order to increase sales. is the correct answer!
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