Learn: How Price Changes Restore Equilibrium
AQA A level economics 7136 specification
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Match the items on the left with their correct pairs on the right
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What happens in a market when the price is set too high?
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When there is a surplus, prices tend to {{blank0}}. This encourages consumers to {{blank1}} more.
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Which of the following statements are true about market equilibrium? (Select all that apply)
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If the quantity demanded is 100 units and the quantity supplied is 150 units, what is the surplus in the market?
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