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] price1 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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