When market price is above equilibrium price
A) a shortage is generated.
B) market price will rise.
C) quantity supplied is greater than quantity demanded.
D) None of these choices are correct.
Correct Answer:
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Q96: Usury laws are a form of price
Q97: Q98: The relationship between quantity supplied and price Q99: Price floors are Q100: Which statement is true? Q102: _ states that price and quantity demanded Q103: A maximum wage law,as opposed to a Q104: If the quantities in the demand schedule Q105: When the price is $2 Q106: When market price is below equilibrium price
A)sometimes associated with surpluses.
B)always associated
A)Most economists support rent
A)quantity supplied is
A)a
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