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  2. Topic
    Business
  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 3: Demand, Supply, and Market Equilibrium
  5. Question
    If Price Is Above the Equilibrium, Then Quantity Supplied Will
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If Price Is Above the Equilibrium, Then Quantity Supplied Will

Question 22

Question 22

True/False

If price is above the equilibrium, then quantity supplied will be greater than quantity demanded, putting downward pressure on price.

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