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Home Q & A Board Other Fields Homework Help Business Economics
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Sublight2097 Sublight2097
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Posts: 4132
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9 years ago
Suppose there is currently a shortage in the guitar market. Pick the correct statement.
A) Quantity demanded exceeds quantity supplied.
B) Sellers could sell all they plan to sell at the current price.
C) The price of guitars would tend to increase.
D) All of the above are true.
E) None of the above is true.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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DropxDropx
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#1
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Posts: 1991
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9 years ago
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Sublight2097 Author
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#2
9 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
wrote...
#3
9 years ago
Happy to help, let me know if you have any more requests.
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