Multiple Choice
In a free market, if the price of a good is below the equilibrium price, then;
A) government needs to set a higher price.
B) suppliers, dissatisfied with growing inventories, will raise the price.
C) demanders, to acquire the good, will bid the price higher.
D) suppliers, dissatisfied with growing inventories, will lower the price.
Correct Answer:

Verified
Correct Answer:
Verified
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