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Suppose roses are currently selling for $20 per dozen, but the equilibrium price of roses is $30 per dozen. We would expect a.

Suppose roses are currently selling for $20 per dozen, but the equilibrium price of roses is $30 per dozen. We would expect a.
asked 122k views
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Suppose roses are currently selling for $20 per dozen, but the equilibrium price of roses is $30 per dozen. We would expect a.

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User JStark
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8.3k points

1 Answer

1 vote
we would expect shortage to exist and the market prices of roses to increase
answered
User Sole Galli
by
8.4k points
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