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Business, 16.09.2019 22:00 travawnward

If a surplus exists in a market, we know that the actual price is
a. below the equilibrium price, and the quantity demanded is greater than the quantity supplied.
b. below the equilibrium price, and the quantity supplied is greater than the quantity demanded.
c. above the equilibrium price, and the quantity supplied is greater than the quantity demanded.

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If a surplus exists in a market, we know that the actual price is
a. below the equilibrium pri...

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