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Which of the Following Would Indicate That Price Is Temporarily

Question 39

Multiple Choice

Which of the following would indicate that price is temporarily above its market equilibrium?


A) There are a number of producers who are left with unwanted inventories.
B) There are a number of customers who are looking for a good but cannot find sellers.
C) New firms decide to enter the market.
D) The government must step in and impose a tax on the good.

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