The table given below shows the quantity supplied and the quantity demanded for a good at different prices. If the price of the good described in the table given below is $1.60, then there is a:
A) shortage of 30 units.
B) surplus of 30 units.
C) shortage of 20 units.
D) surplus of 20 units.
E) surplus of 10 units.
Correct Answer:
Verified
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