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Suppliers will keep raising prices in a certain market as long as _____. there is excess supply and quantity supplied exceeds the quantity demanded there is excess demand and quantity supplied
exceeds the quantity demanded there is excess demand and quantity demanded exceeds the quantity supplied there is excess supply and quantity demanded exceeds the quantity supplied
B. Quantity demanded will exceed quantity supplied, so the price will drop is the answer
Expert answered|vmrackov|Points 0|
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Asked 3/8/2013 4:08:26 PM
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