Suppose roses are currently selling for$40per doaen, but the equalitrium price of roses is$30per dozen....
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Economics
Suppose roses are currently selling for
$40
per doaen, but the equalitrium price of roses is
$30
per dozen. We would expect a surplus to exist and the marketprice of roses to increase. surplus to exist and the maket price ofroses to decrease. shortage to exist and the maket price of rosesto increase. shortage to exist and the market price of roses todecrease.
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