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Suppose you produce t-shirts, and the equilibrium price for a t-shirt is $5. you haven't really done much research, so you decide to charge a price of $3 per shirt. at this price, there will be an of t-shirts. a) equilibrium b) excess supply c) excess demand
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Suppose you produce t-shirts, and the equilibrium price for a t-shirt is $5. you haven't really done...
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