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    Economics For Today Study Set 3
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    Exam 3: Market Demand and Supply
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    Suppose the Market Price of a Good X Is Below
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Suppose the Market Price of a Good X Is Below

Question 67

Question 67

True/False

Suppose the market price of a good X is below the equilibrium price. The result is a shortage and sellers can be expected to decrease the quantity of that good X supplied.

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