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(Table: Equilibrium Price, Quantity) Refer to the Table

question 72

Multiple Choice

  (Table: Equilibrium Price, Quantity)  Refer to the table. If theprice in the market was $12, there would be a: A) shortage of 10 units. B) shortage of 45 units. C) surplus of 10 units. D) surplus of 35 units. (Table: Equilibrium Price, Quantity) Refer to the table. If theprice in the market was $12, there would be a:


Definitions:

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