If the price in a market is above the equilibrium price, does this create a surplus or

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If the price in a market is above the equilibrium price, does this create a surplus or a shortage?

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Modern Principles Of Microeconomics

ISBN: 9781429278416

3rd Edition

Authors: Tyler Cowen, , Alex Tabarrok

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Question Posted: Oct 11, 2022 03:16 AM

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If the price in a market is above the equilibrium price, does this create a surplus or

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Surplus and shortage If the market price is above ...View the full answer

Modern Principles Of Microeconomics

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