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Question 174

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-Refer to the information above to answer this question.Assume that there is a shortage of 40 units.What does this mean? A) Price will fall. B) Price must be $8. C) The quantity traded is 40. D) Buyers would be willing to pay an additional $4 per unit for the quantity being traded.
-Refer to the information above to answer this question.Assume that there is a shortage of 40 units.What does this mean?


A) Price will fall.
B) Price must be $8.
C) The quantity traded is 40.
D) Buyers would be willing to pay an additional $4 per unit for the quantity being traded.

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