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When the market price is $18, quantity supplied equals 370 units. At this price, quantity demanded equals 260 units. Which of the following is true?

When the market price is $18, quantity supplied equals 370 units. At this price, quantity demanded equals 260 units. Which of the following is true? Group of answer choices Producers should increase the price. This market is experiencing a surplus of 110 units. This market is in equilibrium. This market is experiencing a shortage of 110 units

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