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-If Column 1 Represents the Demand Curve for a Product

question 17

Multiple Choice

  -If column 1 represents the demand curve for a product and column 2 represents the supply curve,then at a price of $10,the market experiences ______________ equal to _________ units. A)  excess demand;40 B)  excess demand;20 C)  excess supply;0 D)  excess supply;20 E)  excess supply;60
-If column 1 represents the demand curve for a product and column 2 represents the supply curve,then at a price of $10,the market experiences ______________ equal to _________ units.


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