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Economics (AS & A Level) · May / June 2022 · Paper 12 · Question 13

9708The interaction of demand and supply

Which statement about market disequilibrium is correct?

  1. APrice is likely to change.
  2. BSupply is equal to demand.
  3. CThe government must intervene.
  4. DThere must be shortages.

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Correct answer: A. Price is likely to change.

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