4. At price $5 in this market: a. there will be a shortage of 10,000 units. b....
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4. At price $5 in this market:
a. there will be a shortage of 10,000 units.
b. there will be a surplus of 10,000 units.
c. quantity demanded will be 12,000 units.
d. quantity demanded will equal quantity supplied.
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Related Book For
Macroeconomics
ISBN: 9781259915673
21st Edition
Authors: Campbell McConnell, Stanley Brue , Sean Flynn
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