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Consider the market for personal shopping services (such as Instacart). During the first year of the pandemic, the demand for such services increased considerably. If

  1. Consider the market for personal shopping services (such as Instacart). During the first year of the pandemic, the demand for such services increased considerably. If price were prevented from changing, what would happen in the market?
    1. The market would reach equilibrium
    2. A surplus would persist and the market would not reach equilibrium
    3. A shortage would persist and the market would not reach equilibrium.

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