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(Table) in the Table, at a Price of $12

Question 112

Multiple Choice

(Table) In the table, at a price of $12 (Table) In the table, at a price of $12 A) a shortage of 20 units occurs. B) equilibrium output is achieved. C) a surplus of 40 units occurs. D) a surplus of 20 units occurs.


A) a shortage of 20 units occurs.
B) equilibrium output is achieved.
C) a surplus of 40 units occurs.
D) a surplus of 20 units occurs.

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