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    Macroeconomics Study Set 41
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    Exam 3: Demand and Supply
  5. Question
    If There Is Surplus of a Good, Then the Quantity
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If There Is Surplus of a Good, Then the Quantity

Question 128

Question 128

Multiple Choice

If there is surplus of a good, then the quantity demanded __________the quantity supplied and the price will__________ .


A) is less than; fall
B) is greater than; rise
C) is greater than; fall
D) is less than; rise

Correct Answer:

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