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thatguy67 thatguy67
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A year ago
Effects of Surplus

The table shows the quantity of stuffed animals that are demanded and supplied at various prices:
PriceQuantity DemandedQuantity Supplied
196​21​
284​34​
372​47​
460​60​
548​73​
636​86​
Suppose the market price is set to $3. This market has a ________ (shortage/surplus) of stuffed animals equal to ________.
Suppose the market price is set to $6. This market has a ________ (shortage/surplus) of stuffed animals equal to ________.

▸ shortage, 25, shortage, 50

▸ surplus, 25, shortage, 50

▸ surplus, 25, surplus, 50

▸ shortage, 25, surplus, 50
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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mattyca001mattyca001
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A year ago
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thatguy67 Author
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A year ago
Smart ... Thanks!
dri
wrote...

Yesterday
Good timing, thanks!
smdavis
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2 hours ago
Thank you, thank you, thank you!
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