Use this image to answer the following question. When government sets a price for a good above equilibrium, there will be


economic growth.


economic loss.


a shortage.


a surplus.

Use this image to answer the following question. When government sets a price for a good above equilibrium, there will be economic growth. economic loss. a shor class=

Verified Answer :

When government sets a price for a good above equilibrium, there will be a surplus. 

When government sets a price for a good above equilibrium, there will be a surplus. The other choices in the question are incorrect. The correct option among all the options that are given in the question is the fourth option or the last option. I hope that this is the answer that has helped you.