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In the market for notebooks, if someone were to falsely announce a price of notebooks which was lower than its equilibrium price, which of the
In the market for notebooks, if someone were to falsely announce a price of notebooks which was lower than its equilibrium price, which of the following would happen? There would be a surplus, but the price would eventually increase back to equilibrium There would be a shortage, and the price would eventually increase back to equilibrium There would be a shortage, but no change in the price of notebooks There would be a surplus, and the price would decrease back to equilibrium
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