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economics

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If the equilibrium price of an hour with a personal trainer is $45 and the market price is currently $55, then there is:

A. a surplus of personal trainers.
B. a shortage of personal trainers.
C. equilibrium
D. none of the above

I think it's A?

  • economics - ,

    I agree. It must be A.

  • economics - ,

    thanks :-)

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