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Daily Supply and Demand: Oranges in Hurricane Alley

Question 32

Multiple Choice

Daily Supply and Demand: Oranges in Hurricane Alley Daily Supply and Demand: Oranges in Hurricane Alley Refer to the figure above.The price of $4.00 per pound will lead to a(n) _____ of _____ pounds of oranges per day. A) excess supply;20 B) excess demand;30 C) equilibrium quantity;20 D) excess demand;20
Refer to the figure above.The price of $4.00 per pound will lead to a(n) _____ of _____ pounds of oranges per day.


A) excess supply;20
B) excess demand;30
C) equilibrium quantity;20
D) excess demand;20

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