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Satsume Satsume
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6 years ago
Assume that the current market price is below the market clearing level.  We would expect:
A) a surplus to accumulate.
B) downward pressure on the current market price.
C) upward pressure on the current market price.
D) lower production during the next time period.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
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oracledarrenoracledarren
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#1
Posts: 455
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6 years ago
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Satsume Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
rileyjones420
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Yesterday
Thank you, thank you, thank you!
Ctownsend
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2 hours ago
Thanks
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