MCQOPTIONS
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| 1. |
If the price of good is equal to the equilibrium price ? |
| A. | there is a shortage and the price will fall |
| B. | the quantity demanded is equal to the quantity supplied supplied and the price remains unchanged |
| C. | there is surplus and the price will rise |
| D. | there is a shortage and the price will rise |
| E. | there is a surplus and the price will fall |
| Answer» C. there is surplus and the price will rise | |