Multiple Choice
Suppose there is excess demand in the market for Tickle Me Elmo toys. We would expect to find:
A) the price of Tickle Me Elmo decreasing.
B) the price of Tickle Me Elmo increasing.
C) the demand for Tickle Me Elmo decreasing.
D) the supply of Tickle Me Elmo decreasing.
Correct Answer:
Verified
Correct Answer:
Verified
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