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If price falls below the equilibrium
Classroom
Economics Classroom
Waec
Waec 1993
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If price falls below the equilibrium
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Demand will equal supply
B
Demand will be greater than supply
C
Supply will be greater than demand
D
Price will become indeterminate
E
Quantity supplied will be zero
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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