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nguyenduong67 nguyenduong67
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6 years ago
Suppose that a market for a product is in equilibrium at a price of $3 per unit. At any price below $3 per unit
A) there will be an excess supply of the product.
B) there will be an excess demand for the product.
C) there will be a surplus of that product.
D) the quantity demanded of the product will be less than the quantity supplied of that product.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Lightman030Lightman030
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6 years ago
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nguyenduong67 Author
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6 years ago
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