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Business, 26.02.2021 19:40 Abdimshsiwnsbs9686

Economics NOT Business According to the graph below, what condition would be created if the price was set higher than equilibrium, say at $4?

a. the market would be at equilibrium

b. a surplus would be created

c. a shortage would be created

d. there would be no change in consumer or producer activity


Economics NOT Business

According to the graph below, what condition would be created if the price

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