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When a market is in disequilibrium and experiencing a shortage, the following will be true: Group of answer choices Qd > Qs Qs > Qd
When a market is in disequilibrium and experiencing a shortage, the following will be true: Group of answer choices Qd > Qs Qs > Qd either Qd > Qs or Qs > Qd Qd = Qs since its a competitive market None of the response are true
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Managerial Economics Theory Applications and Cases
Authors: Bruce Allen, Keith Weigelt, Neil A. Doherty, Edwin Mansfield
8th edition
978-0393124491, 393124495, 978-0039391277, 393912779, 978-0393912777
