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QuizMultiple Choice

Determining Market Price

Question 1 • 2027 Ignite Financial Literacy-Personal Finance - EL3403

The graph shows excess demand.Which needs to happen in order to stop disequilibrium from occurring?

Question illustration
Answer
A
Q needs to be coordinated with supply.
B
Q needs to be coordinated with demand.
C
The price of goods needs to be increased.
D
The price of goods needs to be decreased.
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