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Figure 4-3 -Refer to the Figure 4-3.If the Price in This Market

Question 34

Multiple Choice

Figure 4-3
Figure 4-3 -Refer to the Figure 4-3.If the price in this market is currently $14,what would happen? A) There would be a shortage of 20 units and the price would tend to rise. B) There would be a surplus of 20 units and the price would tend to fall. C) There would be a shortage of 40 units and the price would tend to rise. D) There would be a surplus of 40 units and the price would tend to fall.
-Refer to the Figure 4-3.If the price in this market is currently $14,what would happen?


A) There would be a shortage of 20 units and the price would tend to rise.
B) There would be a surplus of 20 units and the price would tend to fall.
C) There would be a shortage of 40 units and the price would tend to rise.
D) There would be a surplus of 40 units and the price would tend to fall.

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