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If the quantity supplied of a product is greater than the quantity demanded, then: Select one: a. producers will increase the price and produce less
If the quantity supplied of a product is greater than the quantity demanded, then: Select one: a. producers will increase the price and produce less b. producers will keep the price at the same level c. producers will decrease the price to sell more d. producers will wait for demand to increase
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Microeconomics
Authors: David Besanko, Ronald Braeutigam
5th edition
1118572270, 978-1118799062, 1118799062, 978-1118572276
