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-In Exhibit C-5 (On the Following Page), If Price Is

Question 54

Multiple Choice

-In Exhibit C-5 (on the following page) , if price is $75, a(n) ____ would result, causinga(n) ___ in price.

A) excess demand; increase
B) excess demand; decrease
C) excess supply; increase
D) excess supply; decrease
E) market clearing; change

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