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Markets pursue an efficient allocation of resources in which of the following ways? a. When there are shortages, buyers compete, causing prices to drop. SO.

Markets pursue an efficient allocation of resources in which of the following ways? a. When there are shortages, buyers compete, causing prices to drop. SO. When there are surpluses, sellers compete, causing prices to increase. c. When there are shortages, sellers compete, causing prices to drop. d. When there are surpluses, sellers compete, causing prices to drop

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