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    Microeconomics Study Set 29
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    Exam 5: Markets in Action
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    In Free and Competitive Markets, Surpluses Are Eliminated by
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In Free and Competitive Markets, Surpluses Are Eliminated by

Question 88

Question 88

Multiple Choice

In free and competitive markets, surpluses are eliminated by


A) price decreases.
B) price increases.
C) government purchases.
D) government price controls.
E) black markets.

Correct Answer:

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