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When the quantity supplied is greater than quantity demanded in the market, what happens? Group of answer choices Prices drop until quantity demanded is equal
When the quantity supplied is greater than quantity demanded in the market, what happens? Group of answer choices Prices drop until quantity demanded is equal to quantity supplied Prices rise until quantity demanded is equal to quantity supplied Shortage Prices do not change, and a surplus will always exist
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Managerial economics applications strategy and tactics
Authors: James r. mcguigan, R. Charles Moyer, frederick h. deb harris
12th Edition
9781133008071, 1439079234, 1133008070, 978-1439079232
