Refer to the information provided in Figure 3.14 below to answer the question(s) that follow. Figure 3.14
-Refer to Figure 3.14. At a price of $30, there is an excess

Question

Refer to the information provided in Figure 3.14 below to answer the question(s) that follow.  Figure 3.14
-Refer to Figure 3.14. At a price of $30, there is an excess

Quizplus · Accepted Answer

At a price of $30, the quantity demanded exceeds the quantity supplied, creating an excess demand. The difference between the quantity demanded and the quantity supplied at this price point is 450 sunglasses.

Refer to the Information Provided in Figure 3