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sgy_89 sgy_89
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6 years ago
If a shortage exists, then
A) the existing price is the equilibrium price.
B) the existing price is above the equilibrium price.
C) the existing price is below the equilibrium price.
D) at the existing price, the quantity supplied exceeds the quantity demanded.
E) at the existing price, supply exceeds demand.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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hecosmetichecosmetic
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6 years ago
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sgy_89 Author
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6 years ago
Just got PERFECT on my quiz
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Yesterday
Thanks for your help!!
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You make an excellent tutor!
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