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Exam 1 (supply and demand packet page 8) Flashcards | StudBud
Exam 1 (supply and demand packet page 8)
1 / 4
When the price is at $.40 is there a surplus or shortage? How much? What will happen to price?
A
surplus 40,000 decrease
B
shortage 40,000 decrease
C
shortage 40,000 increase
D
surplus 40,000 increase
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