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    Exam 3: Demand and Supply
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    If the Price of a Video Rental Is Below Its
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If the Price of a Video Rental Is Below Its

Question 96

Question 96

Multiple Choice

If the price of a video rental is below its equilibrium price, there will be a ________ of video rentals and the price will ________.


A) shortage; rise
B) shortage; fall
C) surplus; rise
D) surplus; fall

Correct Answer:

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