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Business, 23.07.2019 00:10 Weser17

Suppose the supply of i-pods is qs = 10p, while the demand is qd = 3,000 - 5p. which of following the statements is true? a. if the market price of an i-pod is $220, there will be a shortage of i-pods. b. if the market price of an i-pod is $220, there will be a surplus of i-pods. c. if the market price of an i-pod is $200, there will be a shortage of i-pods. d. if the market price of an i-pod is $200, there will be a surplus of i-pods.

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Suppose the supply of i-pods is qs = 10p, while the demand is qd = 3,000 - 5p. which of following th...
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