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Refer to the Figure Below

question 173

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Refer to the figure below. If the current market price were $20: Refer to the figure below. If the current market price were $20:   A)  the market would be in equilibrium. B)  there would be an excess supply of 25 units. C)  there would be an excess demand of 25 units. D)  there would be an excess demand of 35 units.


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