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-In Figure 3

Question 34

Multiple Choice

-In figure 3.3, if there is a shortage of 40 units, what does this mean? A) Price will fall. B) Price must be $8. C) The quantity traded is 40. D) Buyers would be willing to pay an additional $4 per unit for the quantity that they are now buying.
-In figure 3.3, if there is a shortage of 40 units, what does this mean?


A) Price will fall.
B) Price must be $8.
C) The quantity traded is 40.
D) Buyers would be willing to pay an additional $4 per unit for the quantity that they are now buying.

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