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    Economics For Today Study Set 3
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    Exam 3: Market Demand and Supply
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    If the Quantity Demanded Exceeds the Quantity Supplied in a Market
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If the Quantity Demanded Exceeds the Quantity Supplied in a Market

Question 295

Question 295

Multiple Choice

If the quantity demanded exceeds the quantity supplied in a market, then the result is which of the following?


A) Deadweight loss
B) Inefficiency
C) Underproduction
D) Each of these are true.

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