Refer to the figure above. At a price of $20:

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Refer to the figure above. At a price of $20:

A.the market would be in equilibrium.

B.there would be excess supply of approximately 25 units.

C.there would be excess demand, but it is impossible to know by how much.

D.there would be excess demand of approximately 25 units.

正确答案:there would be excess demand of approximately 25 units.

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