When excess demand occurs in an unregulated market, there is a tendency for: | Faculties

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Mr. Dubey

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📊 Fundamentals of Economics

Q. When excess demand occurs in an unregulated market, there is a tendency for:

(A) price to rise
(B) quantity supplied to decrease
(C) quantity demanded to increase
(D) price to fall

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✅ Correct Answer: (A) price to rise

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