If we say that a price is too high to clear the market, we mean that:
A. quantity demanded exceeds quantity supplied.
B. the equilibrium price is above the current price.
C. quantity supplied exceeds quantity demanded.
D. the price of the good is likely to rise.
Answer: C
Economics
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Firms are ________ with an economic profit of zero, they will ________ in the industry since they ________ be better off in another industry
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Economics