-Refer to the figure above. If the number of demanders for Good Z increases at the same time as the number of suppliers of Good Z decreases and the shift in supply is greater than the shift in demand, the equilibrium price will be ________than $100 and the equilibrium quantity will be ________than 100.
Definitions:
Elect to Sue
The decision taken by an individual or entity to initiate legal proceedings against another party.
Identity Discovered
The process or instance of confirming or revealing the true identity of an individual or entity.
Acting as Agent
Operating on behalf of another person or entity with the authority to make decisions or perform actions.
Act of Ratification
The official approval or confirmation of an act or agreement, making it valid and legally binding.
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