If the total demand for resources exceeds its total supply at zero price level, it is called_
Question
Solution 1
This situation is called "Excess Demand". When the total demand for resources exceeds its total supply at zero price level, it means that the quantity demanded is greater than the quantity supplied. This is a situation of excess demand, also known as a shortage. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a power
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