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

Question 299

Question 299

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If price is below the equilibrium, then quantity supplied will be less than quantity demanded putting upward pressure on price.

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