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2. If the price of a rose is 9 describe the situation in the rose market. Explain how the price adjusts. If the price of a rose is 9 there is a __ of roses and the price of a rose __ A. shortage; falls B. surplus; falls C. surplus; rises D. shortage; rises

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2. If the price of a rose is 9 describe the situation in the rose market.
Explain how the price adjusts.
If the price of a rose is 9 there is a __ of roses and the price of a
rose __
A. shortage; falls
B. surplus; falls
C. surplus; rises
D. shortage; rises

2. If the price of a rose is 9 describe the situation in the rose market. Explain how the price adjusts. If the price of a rose is 9 there is a __ of roses and the price of a rose __ A. shortage; falls B. surplus; falls C. surplus; rises D. shortage; rises

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To determine the situation in the rose market when the price of a rose is $9, we need to consider the relationship between price and quantity demanded/supplied.<br /><br />If the price of a rose is $9, there is a surplus of roses and the price of a rose falls.<br /><br />Explanation:<br />- When the price of a rose is $9, it is likely that the quantity supplied of roses exceeds the quantity demanded by consumers. This creates a surplus of roses in the market.<br />- In response to the surplus, sellers will lower the price of roses in order to clear the excess inventory and meet the demand. As a result, the price of a rose falls.<br /><br />Therefore, the correct answer is B. surplus; falls.
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