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At a price of $65, consumers demand 650 pairs of shoes, and sellers supply 650 pairs of shoes. At $65, there is _____.

A. no excess supply or demand
B. excess demand (demand is greater than supply)
C. excess supply (supply is greater than demand)


Sagot :

Answer:

A. no excessive supply or demand

Explanation:

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Answer: A. no excess supply or demand.

Explanation: The demand and the supply are both the same number, 650. So there is no excess of supply or demand.