A. supply is greater than demand
B. the market price above the equilibrium price
C. demand is greater than supply
D. excess demand is greater than excess supply
Correct Answer:
Option C – demand is greater than supply
A. supply is greater than demand
B. the market price above the equilibrium price
C. demand is greater than supply
D. excess demand is greater than excess supply
Correct Answer:
Option C – demand is greater than supply
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