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    Business
  3. Study Set
    Managerial Economics in a Global Economy
  4. Exam
    Exam 2: Demand, Supply, and Equilibrium Analysis
  5. Question
    A Positive Excess Demand Can Only Be Observed at Prices
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A Positive Excess Demand Can Only Be Observed at Prices

Question 21

Question 21

True/False

A positive excess demand can only be observed at prices above the market equilibrium price.

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