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the equilibrium Excess demand occurs when the actual price in some market is_ price. Select one: a. Excess demand is not link
A supply curve is a graphical illustration of the relationship between quantity supplied and Select one: a. demand. b. price.
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Answer #1

1.Excess demand occurs when actual price is less than the market price.

Lower price equals more demand and less supply.

Answer-B

2.Supply curve is the relationship between price and quantity supplied.

Answer-B

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