B) Excess Supply
C) A decrease in demand
D) A decrease in supply
Related MCQs:
- An effective price ceiling usually results in?
- A shopkeeper raises the price of a cycle by 5 percent above the market price and charges 12 percent sales tax on the market price. As a result, a customer has to pay Rs. 4680 for the cycle. What is the market price of the cycle?
- A retailer increases the selling price by 25% due to which his profit percentage increase from 20% to 25%. What is the percentage increase in cost price?
- The selling price of an article is Rs. 118 and the profit earned is 50%. The cost price of the article is?