Question: Ceteris paribus, If quantity demanded exceeds quantity suppiicd then a: A ) shortage exists and ] price 1 will risc. b ) shortage cxists and
Ceteris paribus, If quantity demanded exceeds quantity suppiicd then a:
A
shortage exists and price will risc.
b shortage cxists and supply will Increasc.
c surplus exists and price will fall.,
d surplus cxists and supply will decrease.
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