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At a price of $100, consumers demand 25 pairs of jeans, and producers supply 150 pairs of jeans. So at this price, there is a(n) _____.

shortage
excess demand
excess supply

User Dnim
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2 Answers

4 votes
"excess supply" say's my answer needs to be 20 characters so this is filler
User Ukasha
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5 votes
There is an excess supply...
User James Crinkley
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