Exhibit 30-1 -If the World Price of the Good Is $4, According

question 79

Multiple Choice

Exhibit 30-1
-If the world price of the good is $4, according to the data in Exhibit 30-1,

• A)there is an excess demand for the good, and the price will fall.
• B)there is an excess supply of the good, and the price will fall.
• C)there is an excess supply of the good, and the price will rise.
• D)there is an excess demand for the good, and the price will rise.
• E)this is the equilibrium price.

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The application of a slippery substance to reduce friction between surfaces.

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Aromatic oils that are gently rubbed into the skin to facilitate massage, promoting relaxation and improving skin health.

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