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Question 11

Any price below the equilibrium price will lead to

  • A.increase in supply
  • B.excess demand
  • C.equality of demand and supply
  • D.decreases in demand
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
2012
Question no.
#11
Type
Objective
Previous · Q10A decrease in the demand for a product X resulted in a decrease in a decrease in… Next · Q12 The allocation of goods and services in a free market economy is performed by

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