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    Principles of Microeconomics
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    Exam 4: Demand and Supply Applications
  5. Question
    In the Short Run, Whenever Excess Demand Exists, It Is
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In the Short Run, Whenever Excess Demand Exists, It Is

Question 41

Question 41

Multiple Choice

In the short run, whenever excess demand exists, it is necessary to


A) ration the good.
B) put the good on sale.
C) increase the supply of the good.
D) impose a price ceiling on the good.

Correct Answer:

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