If tea prices were above their equilibrium level, what force would tend to push tea prices down?

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If tea prices were above their equilibrium level, what force would tend to push tea prices down? If tea prices were below their equilibrium level, what force would tend to push tea prices up?

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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Question Posted: Jan 16, 2023 12:09 AM

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If tea prices were above their equilibrium level, what force would tend to push tea prices down?

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If tea prices were above their equilibrium level sellers would be frustrated by their inability ...View the full answer

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