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The questions are in the photos below Question 1 A market which has an excess demand will, over time, see Not yet answered Select one:

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The questions are in the photos below

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Question 1 A market which has an excess demand will, over time, see Not yet answered Select one: Marked out of O a. an increase in price and an increase in quantity demanded 1.00 Flag O b. an increase in price and a decrease in quantity demanded question O c. a decrease in price and an increase in quantity demanded O d. a decrease in price and a decrease in quantity demanded Question 2 Suppose that we have the following direct demand and supply equations: Not yet Qd = 20 - 2P answered Qs = 3P - 5 Marked out of then the equilibrium price and quantity are 1.00 Flag Select one: question O a. P = 5, Q = 10 O b. P = 5, Q = 5 O c. P = 25, Q = 0 O d. P = 10, Q = 25

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