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  3. Study Set
    Macroeconomics Study Set 43
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    Exam 3: B: Demand, Supply, and Market Equilibrium
  5. Question
    According to the Rationing Function of Prices, a Competitive Market
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According to the Rationing Function of Prices, a Competitive Market

Question 256

Question 256

Multiple Choice

According to the rationing function of prices, a competitive market will:


A) achieve an equilibrium price.
B) eliminate shortages.
C) eliminate surplus.
D) all of these.

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