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    Macroeconomics Study Set 41
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    Exam 3: Demand and Supply
  5. Question
    A Price Below the Equilibrium Price Results in
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A Price Below the Equilibrium Price Results in

Question 296

Question 296

Multiple Choice

A price below the equilibrium price results in


A) a shortage.
B) a surplus.
C) a further price fall.
D) excess supply.

Correct Answer:

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