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    Exploring Microeconomics
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    Exam 4: Bringing Supply and Demand Together
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    Whenever There Is a Surplus at a Particular Price, What
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Whenever There Is a Surplus at a Particular Price, What

Question 21

Question 21

Multiple Choice

Whenever there is a surplus at a particular price, what will the quantity sold at that price be equal to?


A) the average of quantity supplied and quantity demanded
B) the quantity demanded at that price
C) the quantity supplied at that price
D) the quantity supplied minus the quantity demanded

Correct Answer:

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