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When a market is in equilibrium Question 20Answer a. Quantity demanded is higher than supply quantity supplied b. The market is cleared by the equilibrium
When a market is in equilibrium Question 20Answer a. Quantity demanded is higher than supply quantity supplied b. The market is cleared by the equilibrium price c. Demand is greater than supply d. Excess demand and excess supply are high
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Economics
Authors: Paul A. Samuelson, William Nordhaus
19th edition
978-0073511290, 73511293, 978-0073344232, 73344230, 978-007351129
