If the current market price of good Z is below the equilibrium price of good Z

A) it must be because the government has imposed a price ceiling in the market for good Z.
B) there is a shortage of good Z.
C) there is a surplus of good Z.
D) demand must necessarily decrease to restore equilibrium.
E) a and b


B

Economics

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Answer the following statement true (T) or false (F)

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