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-When the Current Price of an Item Is Greater Than

Question 164

Multiple Choice

-When the current price of an item is greater than the item's market clearing price A) supply is greater than demand. B) demand is greater than supply. C) quantity supplied is greater than quantity demanded. D) quantity supplied is less than quantity demanded.
-When the current price of an item is greater than the item's market clearing price


A) supply is greater than demand.
B) demand is greater than supply.
C) quantity supplied is greater than quantity demanded.
D) quantity supplied is less than quantity demanded.

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