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Which of the following istrue about a market at equilibrium price? There tend to be shortages because the price is so low. At the prevailing

Which of the following istrue about a market at equilibrium price?

There tend to be shortages because the price is so low.

At the prevailing price, there is no market basis for the price to change.

Demand is low because the price is so high.

The market does not clear.

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