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11 Dec 2019
If a surplus exists in a market we know that the actual price is
A. Below the equilibrium price, and quantity demanded is greater than quantity supplied
B. Above the equilibrium price, and quantity supplied is greater than quantity demanded
C. Above the equilibrium price, and quantity demanded is greater than quantity supplied
D. Below the equilibrium price, and quantity supplied is greater than quantity demanded
If a surplus exists in a market we know that the actual price is
A. Below the equilibrium price, and quantity demanded is greater than quantity supplied
B. Above the equilibrium price, and quantity supplied is greater than quantity demanded
C. Above the equilibrium price, and quantity demanded is greater than quantity supplied
D. Below the equilibrium price, and quantity supplied is greater than quantity demanded
Khushboo GoyalLv5
29 Aug 2020
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