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    Microeconomics Study Set 45
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    Exam 3: Demand, Supply, and Market Equilibrium
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    If We Observe the Price of a Good in a Competitive
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If We Observe the Price of a Good in a Competitive

Question 97

Question 97

True/False

If we observe the price of a good in a competitive market rising, then we can conclude that there had been a shortage in the market.

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