Question
36. In a competitive market, when the price is below the equilibrium level, the price will be driven upward due to O excess supply
36. In a competitive market, when the price is below the equilibrium level, the price will be driven upward due to O excess supply O competition among suppliers O government intervention O excess demand O technical inefficiency
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Managerial economics
Authors: william f. samuelson stephen g. marks
7th edition
9781118214183, 1118041585, 1118214188, 978-1118041581
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