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Suppose that the quantity supplied of a product equals 5 units and the quantity demanded equals 8 units. In this market, there is a _____
Suppose that the quantity supplied of a product equals 5 units and the quantity demanded equals 8 units. In this market, there is a _____ of this product and the price should _____. Group of answer choices shortage; fall shortage; rise surplus; fall surplus; rise
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Microeconomics
Authors: Michael Parkin
11th edition
133019942, 978-0133020250, 133020258, 978-0133019940
