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Macroeconomics + Economy 2009 Update 9th Edition by Stephen Slavin
Edition 9ISBN: 978-0077354206Macroeconomics + Economy 2009 Update 9th Edition by Stephen Slavin
Edition 9ISBN: 978-0077354206 Exercise 11
In Figure 1, if market price were $110, there would be __________.
A) a shortage
B) a surplus
C) neither a shortage nor a surplus
A) a shortage
B) a surplus
C) neither a shortage nor a surplus
Explanation
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Quantity supplied refers to the amount o...
Macroeconomics + Economy 2009 Update 9th Edition by Stephen Slavin
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