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13. Refer to Figure 1. If the price in this market were initially $5, we would expect: a] The quantity supplied to continue to exceed

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13. Refer to Figure 1. If the price in this market were initially $5, we would expect: a] The quantity supplied to continue to exceed quantity demanded. b] The quantity supplied to decline as a result of the subsequent price change. c) The quantity demanded to decline as a result of the subsequent price change. d) None of the above

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