Multiple Choice
If a computer software company introduces a new program and finds that orders from wholesalers far exceed the number of units that are being produced,
A) there is an excess supply and price can be expected to decrease.
B) there is an excess supply and price can be expected to increase.
C) there is an excess demand and price can be expected to decrease.
D) there is an excess demand and price can be expected to increase.
Correct Answer:

Verified
Correct Answer:
Verified
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