4. At price $5 in this market: a. there will be a shortage of 10,000 units. b....

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4. At price $5 in this market:

a. there will be a shortage of 10,000 units.

b. there will be a surplus of 10,000 units.

c. quantity demanded will be 12,000 units.

d. quantity demanded will equal quantity supplied.

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Economics

ISBN: 9781259723223

21st Edition

Authors: Campbell McConnell, Stanley Brue, Sean Flynn

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Question Posted: Sep 28, 2024 01:00 PM

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4. At price $5 in this market: a. there will be a shortage of 10,000 units. b....

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Economics

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