At equilibrium, the market will clear, with no surpluses or shortages occurring.
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Q52: Drawing the supply curve and the demand
Q53: A shortage occurs when price is higher
Q54: Equilibrium is reached where there is no
Q55: If supply increases, the equilibrium price will
Q56: Technological advances that allow a good to
Q58: A surplus occurs when price is higher
Q59: Any factor that shifts the supply curve
Q60: When price is above the equilibrium level,
Q61: Rent controls and controls on other prices
Q62: The unemployment of some groups, such as
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