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    Macroeconomics Study Set 68
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    Exam 3: Demand, Supply, and Market Equilibrium
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    If There Is a Surplus of a Product, Its Price
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If There Is a Surplus of a Product, Its Price

Question 334

Question 334

Multiple Choice

If there is a surplus of a product, its price


A) is below the equilibrium level.
B) is above the equilibrium level.
C) will rise in the near future.
D) is in equilibrium.

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