Answer to Question #28870 in Macroeconomics for samina

Question #28870
Assume the current price of good X is too high, i.e., it is above the equilibrium price. Describe the changes that would occur in a market as a result, i.e., explain how the market would adjust to equilibrium.
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Expert's answer
2013-04-23T11:49:41-0400
The answer to the question is available in the PDF file https://www.assignmentexpert.com/homework-answers/economics-answer-28870.pdf

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