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a. If a producer tries to sell oranges at a price of $0.90 per pound, what will be the quantity demanded and quantity supplied at
a. If a producer tries to sell oranges at a price of $0.90 per pound, what will be the quantity demanded and quantity supplied at this price? Qd = pounds of oranges Qs = pounds of oranges b. Determine whether there is a surplus or a shortage at a price of $0.90 per pound, and determine the size of the surplus or shortage. At this price, there will be a (Click to select) of pounds of oranges
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