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hliz3 hliz3
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A year ago
Which of the following will hold TRUE if the market for cameras is in equilibrium at a price of $40?

▸ If the cost of producing cameras falls below $40 per camera, all sellers will stop supplying cameras.

▸ The quantity of cameras produced will equal the quantity of cameras bought in the market.

▸ Sellers of cameras will have an incentive to charge a price higher than $40.

▸ Buyers of cameras will want to buy fewer cameras than they are purchasing at equilibrium.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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alexisgardner09alexisgardner09
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A year ago
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hliz3 Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
annielin111
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Yesterday
You make an excellent tutor!
DaiwalkerX
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2 hours ago
Thanks
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