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OC27 Economics-2102310-Sem-Meadows
Economic Development — Cumulative exam
Question 25
25
RC
Multiple Choice
Economic Development — Cumulative exam
Question 25 • (OC27) Economics-2102310-Sem-Meadows
Equilibrium occurs when supply and demand coordinate to
Answer
s
set excess demand.
s
set prices and production.
m
maintain excess supply.
r
raise prices and production.
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