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What will be the state of the market if peanuts are sold for $3 per pound?

A. There will be a 30,000-pound shortage
B. There will be a 60,000-pound shortage
C. There will be a 90,000-pound surplus
D. There will be a 120,000-pound surplus

What will be the state of the market if peanuts are sold for $3 per pound? A. There will be a 30,000-pound shortage B. There will be a 60,000-pound shortage C. class=

Answer :

Kim83194

Answer:

B

Explanation:

It's cheaper than equilibrium price that's why there will be shortage

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