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7. If the actual price of wheat is below the equilibrium price. P Q a. there will be a shortage of wheat. b. there will

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7. If the actual price of wheat is below the equilibrium price. P Q a. there will be a shortage of wheat. b. there will be a surplus of wheat. c. there will be an equilibrium quantity of wheat bought and sold. (:1. the price will tend to fall further below the equilibrium price. F. {10119. me the. rah-ave

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