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    Business
  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 3: Demand, Supply, and Market Equilibrium
  5. Question
    If Price Is Above the Equilibrium, There Will Be Excess
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If Price Is Above the Equilibrium, There Will Be Excess

Question 162

Question 162

True/False

If price is above the equilibrium, there will be excess supply of the product.

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