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Market Equilibrium -Assume That Column B and Column D Are the Initial

Question 129

Multiple Choice

Market Equilibrium
Market Equilibrium -Assume that column B and column D are the initial demand and supply curves.At a price of $30,the market would experience A) an equilibrium. B) excess demand of 95 units. C) excess supply of 45 units. D) excess demand of 45 units. E) excess supply of 50 units.
-Assume that column B and column D are the initial demand and supply curves.At a price of $30,the market would experience


A) an equilibrium.
B) excess demand of 95 units.
C) excess supply of 45 units.
D) excess demand of 45 units.
E) excess supply of 50 units.

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