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11 Dec 2019
If the price is above the equilibrium level, competition among sellers to reduce the resulting:
A. surplus will increase quantity demanded and decrease quantity supplied.
B. shortage will decrease quantity demanded and increase quantity supplied.
C. surplus will decrease quantity demanded and increase quantity supplied.
D. shortage will increase quantity demanded and decrease quantity supplied.
If the price is above the equilibrium level, competition among sellers to reduce the resulting:
A. surplus will increase quantity demanded and decrease quantity supplied.
B. shortage will decrease quantity demanded and increase quantity supplied.
C. surplus will decrease quantity demanded and increase quantity supplied.
D. shortage will increase quantity demanded and decrease quantity supplied.
31 Dec 2022
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Khushboo GoyalLv5
26 Aug 2020
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