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A Surplus Exists in the Market for Barbie Dolls at the Prevailing

Question 64

Multiple Choice

A surplus exists in the market for Barbie dolls at the prevailing price. The surplus will be eliminated by a price:


A) ​increase, decreasing the supply and increasing the demand.
B) ​decrease, decreasing the supply and increasing the demand.
C) ​decrease, increasing the quantity supplied and increasing the quantity demanded.
D) ​decrease, decreasing the quantity supplied and increasing the quantity demanded.

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