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Refer to the Figure Below: If the Price Is

Question 28

Multiple Choice

Refer to the figure below: Refer to the figure below: If the price is $16,the resulting A) surplus will lead to a fall in price. B) shortage will lead to a fall in price. C) surplus will lead to a rise in price. D) shortage will lead to a rise in price. If the price is $16,the resulting


A) surplus will lead to a fall in price.
B) shortage will lead to a fall in price.
C) surplus will lead to a rise in price.
D) shortage will lead to a rise in price.

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