Business, 26.02.2020 01:02 cxttiemsp021

In the short-run, if there is a surplus in the market for a product, the rationing function of price can be expected to cause:

A. an increasing shift in the demand for the product.
B. a decreasing shift in the supply of the product.
C. an increase in the market price of the product.
D. a decrease in the market price of the product.

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In the short-run, if there is a surplus in the market for a product, the rationing function of price...

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