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a. there is an excess supply and price can be expected to decrease.
b. there is an excess supply and price can be expected to increase.
c. there is an excess demand and price can be expected to decrease.
d. there is an excess demand and price can be expected to increase.
d. there is an excess demand and price can be expected to increase.is trueeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
d. there is an excess demand and price can be expected to increase.
Less supply more demand will lead to increase in prices.
................................. d. there is an excess demand and price can be expected to increase.
Answer option _____________________d
I CHOOSE D OPTION .........................................................
d. there is an excess demand and price can be expected to increase. ............................................................................................................................
Option (D) there is an excess demand and price can be expected to increase.
D..........................................................