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Price 10 6 4 8 10 Quantity 4 6 Refer to the figure above. At a price of $9, the market will experience in the amount of units. excess demand; 5 units excess supply; 6 units equilibrium; 4 units O excess supply; 5 units

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Answer #1

Ans) the correct option is excess supply, 5 units.

At price the is excess supply because quantity supplied exceeds quantity demanded by 6-  1 = 5 units.

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