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    Principles of Economics Study Set 8
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    Exam 4: The Market Forces of Supply and Demand
  5. Question
    A Shortage Will Occur at Any Price Below Equilibrium Price
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A Shortage Will Occur at Any Price Below Equilibrium Price

Question 146

Question 146

True/False

A shortage will occur at any price below equilibrium price and a surplus will occur at any price above equilibrium price.

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