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19 Mar 2018
1. (Figure: The Demand and Supply of Wheat) Look at the figure The Demand and Supply of Wheat. A temporary price of $2 in this market would result in: A) a surplus of 4,000 bushels. B) a shortage of 8,000 bushels. C) a shortage of 10,000 bushels. D) a surplus of 10,000 bushels.
1. (Figure: The Demand and Supply of Wheat) Look at the figure The Demand and Supply of Wheat. A temporary price of $2 in this market would result in: A) a surplus of 4,000 bushels. B) a shortage of 8,000 bushels. C) a shortage of 10,000 bushels. D) a surplus of 10,000 bushels.
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