Match each of the terms on the left with its definition on the right. Click on the term first and then click on the matching definition. As you match them correctly they will move to the bottom of the activity.
surplus shortage equilibrium price equilibrium quantity | A situation in which the quantity demanded is greater than the quantity supplied. The quantity at which the quantity demanded is equal to the quantity supplied. A situation in which the quantity supplied is greater than the quantity demanded. The price at which the quantity demanded is equal to the quantity supplied. |