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If a Surplus Exists in the Market for Swimwear, an Economist

Question 144

Multiple Choice

If a surplus exists in the market for swimwear, an economist would predict that


A) the price of swimwear will rise
B) producers will increase the production of swimwear
C) the supply of swimwear will increase
D) the price of swimwear at retail outlets will begin to fall
E) buyers will react to the surplus by increasing their demand for swimwear

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