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-If Price Is $16 There Is

Question 9

Multiple Choice


-If price is $16 there is A) a shortage of 250 units. B) a surplus of 250 units. C) a shortage of 125 units. D) a surplus of 125 units. E) equilibrium in the market.
-If price is $16 there is


A) a shortage of 250 units.
B) a surplus of 250 units.
C) a shortage of 125 units.
D) a surplus of 125 units.
E) equilibrium in the market.

Correct Answer:

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