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    Microeconomics Study Set 49
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    Exam 1: Analyzing Economic Problems
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    Currently, 75,000 Units of a Good Are Traded on a Market
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Currently, 75,000 Units of a Good Are Traded on a Market

Question 43

Question 43

True/False

Currently, 75,000 units of a good are traded on a market. The government imposes a limit of a maximum of 50,000 units that may be traded on the market. This will create excess supply.

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