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    Microeconomics Study Set 25
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    Exam 3: Supply and Demand
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    If in a Competitive Market the Quantity Supplied Exceeds the Quantity
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If in a Competitive Market the Quantity Supplied Exceeds the Quantity

Question 173

Question 173

Multiple Choice

If in a competitive market the quantity supplied exceeds the quantity demanded,we expect prices to:


A) stay the same.
B) rise.
C) fall.
D) rise first,then fall when demand decreases.

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