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Seller?s market denotes a situation where
1 Demand exceeds supply
2 Supply exceeds demand.
3 Demand and supply are evenly balanced.
4 None of the above
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(4) None of the above (Supply exceeds demand.) Seller?s
Market is a market in which goods are scarce, buyers have a
limited range of choice and prices are high.
| Is This Answer Correct ? | 15 Yes | 3 No |
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