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In a perfectly competitive market, if the quantity demanded exceeds the quantity supplied, we expect prices to:
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In a perfectly competitive market, if the quantity demanded exceeds the quantity supplied, we expect prices to:
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Nov 1, 2024
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in a perfectly competitive market, if the quantity demanded exceeds the quantity supplied, we expect prices to:
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This excess supply puts downward pressure on price and we expect the price to fall in the market.
Adesh Atole
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Nov 7, 2024
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