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Use the Following Table,which Shows the Supply and Demand Schedules

Question 97

Multiple Choice

Use the following table,which shows the supply and demand schedules for workers in the country of Hovian,to answer the following questions:
Use the following table,which shows the supply and demand schedules for workers in the country of Hovian,to answer the following questions: -Wages above ________ will cause a ________. A) $10; surplus B) $50; shortage C) $20; surplus D) $30; shortage E) $40; shortage
-Wages above ________ will cause a ________.


A) $10; surplus
B) $50; shortage
C) $20; surplus
D) $30; shortage
E) $40; shortage

Correct Answer:

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