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4.3 Market Equilibrium: Bringing Demand and Supply Together

Question 123

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4.3 Market Equilibrium: Bringing Demand and Supply Together
4.3 Market Equilibrium: Bringing Demand and Supply Together -Figure 4.2 illustrates the supply and demand for t-shirts. If the actual price of t-shirts is $15, there is an A) excess demand of 8 t-shirts. B) excess supply of 8 t-shirts. C) excess demand of 10 t-shirts. D) excess supply of 10 t-shirts.
-Figure 4.2 illustrates the supply and demand for t-shirts. If the actual price of t-shirts is $15, there is an


A) excess demand of 8 t-shirts.
B) excess supply of 8 t-shirts.
C) excess demand of 10 t-shirts.
D) excess supply of 10 t-shirts.

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