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Homework answers / question archive / If the equilibrium price of an hour with a personal trainer is $45 and the market price is currently $55, then there is: A
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
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