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alphalions alphalions
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A year ago
"Excess demand" can also be described as

▸ quantity demanded exceeding quantity supplied.

▸ quantity supplied exceeding quantity demanded.

▸ the area to the left of the equilibrium price on a supply and demand diagram.

▸ the area to the right of the equilibrium price on a supply and demand diagram.

▸ excess supply.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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kuteemekuteeme
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A year ago
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