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Q2 If ,in markets for microwave ovens,the market price is too high then there is a A) shortage and price must adjust up towards equilibrium

Q2 If ,in markets for microwave ovens,the market price is too high then there is a

A) shortage and price must adjust up towards equilibrium

B) surplus and price must adjust down towards equilibrium

C) surplus and price must adjust up towards equilibrium

D) shortage and price must adjust down towards equilibrium

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