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(Solved): Economics: Its very SERIOUS IF you give aagainna ai answers ,i give mutiple dislikes A city bus ...



Economics: Its very SERIOUS IF you give aagainna ai answers ,i give mutiple dislikes A city bus fare is in equilibrium at $3 per ride, where demand and supply equal 10,000 rides. The city government imposes a maximum fare of $2. At this price, demand rises to 15,000 rides, while supply decreases to 8,000 rides. The transport authority wants to know the shortage created. Calculate the shortage.



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