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-The Graph Above Illustrates the Market for Bottled Water

Question 124

Multiple Choice

-The graph above illustrates the market for bottled water.When the price exceeds the equilibrium price,the quantity demanded is ________ the quantity supplied and the price of the good will ________. A) greater than;fall B) less than;fall C) greater than;rise D) less than;rise E) equal to;fall
-The graph above illustrates the market for bottled water.When the price exceeds the equilibrium price,the quantity demanded is ________ the quantity supplied and the price of the good will ________.


A) greater than;fall
B) less than;fall
C) greater than;rise
D) less than;rise
E) equal to;fall

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