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There are certain classes of goods and services for which demand always exceeds supply, for example, tickets to the Super Bowl, World Cup Final or
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Question Indeed according to microeconomic theory prices rise whenever there is a greater demand for an item than there is supply Although some seller...Get Instant Access to Expert-Tailored Solutions
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Economics Today
Authors: Roger LeRoy Miller
16th edition
132554615, 978-0132554619
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