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If the Price System Is Allowed to Function Without Interference

question 100

Multiple Choice

If the price system is allowed to function without interference and a surplus occurs,quantity demanded will _____________ and quantity supplied will _____________ until the price falls to its equilibrium.


Definitions:

Social Media

Platforms and websites that enable users to create and share content or participate in social networking, playing significant roles in communication, marketing, and societal trends.

Marketing Content

The creation and sharing of media and publishing content in order to acquire and engage customers, often through articles, videos, and social media posts.

Repetitive

Occurring over and over again; characterized by repetition, often to the point of being predictable or monotonous.

Entertaining

The act of providing amusement or enjoyment to others, often through hosting events or performing.

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