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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 57
When quantity supplied is greater than quantity demanded, _____.
A) price will fall to its equilibrium level
B) price will rise to its equilibrium level
C) price may rise, fall, or stay the same, depending on a variety of factors
A) price will fall to its equilibrium level
B) price will rise to its equilibrium level
C) price may rise, fall, or stay the same, depending on a variety of factors
Explanation
Verified
Verified
Quantity supplied refers to the amount o...
Microeconomics 9th Edition by Stephen Slavin
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