6. If a price is above the equilibrium price, we say there is (Circle all that apply.)...
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6. If a price is above the equilibrium price, we say there is (Circle all that apply.)
a. an excess supply
b. an excess demand
c. neither an excess supply nor an excess demand
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Related Book For
Agricultural Marketing And Price Analysis
ISBN: 9781478646907
1st Edition
Authors: F. Bailey Norwood
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