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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 53
When quantity demanded is greater than quantity supplied, there _____.
A) is a shortage
B) is a surplus
C) may be either a shortage or a surplus
D) may be neither a shortage nor a surplus
A) is a shortage
B) is a surplus
C) may be either a shortage or a surplus
D) may be neither a shortage nor a surplus
Explanation
Verified
Verified
Quantity supplied refers to the amount o...
Microeconomics 9th Edition by Stephen Slavin
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