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If the price in the market is such that the quantity supplied exceeds the quantity demanded, then: Question 14 options: a) the price is below

If the price in the market is such that the quantity supplied exceeds the quantity demanded, then: Question 14 options: a) the price is below the equilibrium price. b) the market will not adjust to equilibrium. c) the price is above the equilibrium price. d) the market is in equilibrium

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