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    Principles of Microeconomics Study Set 4
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    Exam 3: Demand and Supply
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    If the Quantity Supplied in a Market Exceeds the Quantity
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If the Quantity Supplied in a Market Exceeds the Quantity

Question 29

Question 29

Multiple Choice

If the quantity supplied in a market exceeds the quantity demanded in a market, we would expect price to:


A) stay the same.
B) increase.
C) decrease.
D) rise in order to clear the market.

Correct Answer:

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