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  3. Study Set
    Economics For Today Study Set 3
  4. Exam
    Exam 3: Market Demand and Supply
  5. Question
    ​ Exhibit 3-13 Supply and Demand Curves
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​ Exhibit 3-13 Supply and Demand Curves

Question 3

Question 3

Multiple Choice

​ Exhibit 3-13 Supply and demand curves ​ Exhibit 3-13 Supply and demand curves   -​ Which of the graphs in Exhibit 3-13 illustrates a shortage exists at the indicated market price? A)  Diagram A. B)  ​Diagram B. C)  ​Diagram C. D)  ​Diagrams A and B.
-​ Which of the graphs in Exhibit 3-13 illustrates a shortage exists at the indicated market price?


A) Diagram A.
B) ​Diagram B.
C) ​Diagram C.
D) ​Diagrams A and B.

Correct Answer:

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