If a surplus existed how would the market return to equilibrium? What about a shortage?

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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Posted Date: Mar 24, 2022 08:30 AM

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If a surplus existed how would the market return to equilibrium? What about a shortage?

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The point of equilibrium is attained when the quantities demanded and the quantities that are suppli... View the full answer

Microeconomics

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