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At a price for which the quantity supplied exceeds the quantity demanded, a __________ is experienced, which pushes the price __________ toward its equilibrium value

1 Answer

6 votes

Answer:

1-Shortage

2- fall

Step-by-step explanation:

Shortage (there will not be enough goods available to meet the demand for them)

Fall (when supply exceeds demand, prices fall until equilibrium is reached, and demand equals supply)

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