does an increase in the supply of t - shirts bring a surplus or a shortage of t - shirts at the original…

does an increase in the supply of t - shirts bring a surplus or a shortage of t - shirts at the original price? how does the price change as the market moves to its new equilibrium?\nan increase in the supply of t - shirts brings a ______ of t - shirts at the original price and a ______ in their price.\na. shortage, rise\nb. surplus, fall\nc. shortage, fall\nd. surplus, rise

does an increase in the supply of t - shirts bring a surplus or a shortage of t - shirts at the original price? how does the price change as the market moves to its new equilibrium?\nan increase in the supply of t - shirts brings a ______ of t - shirts at the original price and a ______ in their price.\na. shortage, rise\nb. surplus, fall\nc. shortage, fall\nd. surplus, rise

Answer

Brief Explanations:

When the supply of T - shirts increases at the original price, quantity supplied exceeds quantity demanded, creating a surplus. To reach a new equilibrium, producers will lower the price to sell the excess T - shirts.

Answer:

B. surplus, fall