Evidence of a surplus of bananas

Question-

Which of the subsequent is evidence of a surplus of bananas? 

a) The equilibrium price of bananas rises due to an increase in demand.

b) The quantity demanded of bananas is greater than the quantity supplied.

c) The price of bananas is lowered in order to increase sales.

d) Firms raise the price of bananas.

Posted Date: 2/5/2014 11:51:46 PM | Location : United Kingdom(UK)

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