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  3. Study Set
    Managerial Economics
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    Exam 1: Introduction
  5. Question
    In the Following Figure,there Will Be an Excess Supply at Any
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In the Following Figure,there Will Be an Excess Supply at Any

Question 1

Question 1

Multiple Choice

In the following figure,there will be an excess supply at any price: In the following figure,there will be an excess supply at any price:   A)  above P<sup>b</sup>. B)  below P<sup>b</sup>. C)  other than P<sup>b</sup>. D)  below P<sup>a</sup>. E)  above P<sup>c</sup>.


A) above Pb.
B) below Pb.
C) other than Pb.
D) below Pa.
E) above Pc.

Correct Answer:

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