Exhibit 3-8 Demand and supply data for radios 
In Exhibit 3-8, if the price of radios was currently $45, there would be an ____ of ____ radios in this market.
A) Excess demand; 700
B) Excess demand; 500
C) Excess supply; 100
D) Excess supply; 600
E) Excess demand; 100
Correct Answer:
Verified
Q284: Exhibit 3-8 Demand and supply data for radios
Q285: Exhibit 3-8 Demand and supply data for radios
Q286: Exhibit 3-10 Demand and supply curves 
Q287: Exhibit 3-8 Demand and supply data for radios
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Q292: Exhibit 3-8 Demand and supply data for radios
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