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    Microeconomics Study Set 34
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    Exam 3: Demand and Supply
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    -In the Above Figure, a Price of $15 Per Dozen
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-In the Above Figure, a Price of $15 Per Dozen

Question 142

Question 142

Multiple Choice

  -In the above figure, a price of $15 per dozen roses would result in a _______ so that the price of roses will _______. A)  surplus; fall B)  surplus; rise C)  shortage; rise D)  shortage; fall
-In the above figure, a price of $15 per dozen roses would result in a _______ so that the price of roses will _______.


A) surplus; fall
B) surplus; rise
C) shortage; rise
D) shortage; fall

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