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    Exam 1: The U.S. Business Environment
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    What Occurs When the Quantity Demanded Exceeds the Quantity Supplied
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What Occurs When the Quantity Demanded Exceeds the Quantity Supplied

Question 11

Question 11

Multiple Choice

What occurs when the quantity demanded exceeds the quantity supplied?


A) Demand deficit
B) Surplus
C) Equilibrium point
D) Shortage
E) Supply schedule

Correct Answer:

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