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    Principles of Economics Study Set 8
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    Exam 4: The Market Forces of Supply and Demand
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    When Quantity Supplied Exceeds Quantity Demanded at the Current Market
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When Quantity Supplied Exceeds Quantity Demanded at the Current Market

Question 220

Question 220

True/False

When quantity supplied exceeds quantity demanded at the current market price, the market has a surplus, and market price will likely rise in the future to eliminate the surplus.

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