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Yr 8 - Economics: Shifts in Supply and Demand Flashcards | StudBud
Yr 8 - Economics: Shifts in Supply and Demand
1 / 12
What happens if the
demand
for ice-cream is
greater
than the
supply
?
A
There will be a surplus of ice-cream
B
The price will probably grow
C
The price will probably go down
D
There will be a shortage of ice-cream
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