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Principles of Macroeconomics/Basic Economic Concepts
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Market Price Below Equilibrium

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When a market price is set below the equilibrium price, a _____ exists, which will _____.
A

shortage, create downward pressure on the price

B

surplus, create downward pressure on the price

C

surplus, create upward pressure on the price

D

supply, increase the amount of goods and services available

E

shortage, create upward pressure on the price

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