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Ludmilka [50]
3 years ago
12

How does the price system respond to surpluses and shortages?

Advanced Placement (AP)
1 answer:
natali 33 [55]3 years ago
4 0
<span> In completion to the lower </span>price<span>, consumers will increase their number demanded, moving the market toward an equilibrium </span>price<span> and quantity.</span>
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