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    Exam 3: Where Prices Come From: The Interaction of Demand and Supply
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    Figure 3.5 -Refer to Figure 3.5.What Would Be the Outcome If the Outcome
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Figure 3.5 -Refer to Figure 3.5.What Would Be the Outcome If the Outcome

Question 82

Question 82

Multiple Choice

Figure 3.5 Figure 3.5   -Refer to Figure 3.5.What would be the outcome if the price is $20? A) There would be a surplus of 8 units. B) There would be a shortage of 8 units. C) There would be a surplus of 0 units. D) There would be a shortage of 4 units.
-Refer to Figure 3.5.What would be the outcome if the price is $20?


A) There would be a surplus of 8 units.
B) There would be a shortage of 8 units.
C) There would be a surplus of 0 units.
D) There would be a shortage of 4 units.

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