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    Microeconomics Study Set 8
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    Exam 3: Where Prices Come From: The Interaction of Demand and Supply
  5. Question
    When the Actual Selling Price Is Above the Market Equilibrium
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When the Actual Selling Price Is Above the Market Equilibrium

Question 44

Question 44

True/False

When the actual selling price is above the market equilibrium price, a surplus occurs.

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