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As Long as the Actual Market Price Exceeds the Equilibrium

Question 90

Multiple Choice

As long as the actual market price exceeds the equilibrium market price, there will be:


A) downward pressure on the market price.
B) upward pressure on the market price.
C) no purchases made.
D) Both A and C are correct.
E) Both B and C are correct.

Correct Answer:

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