Exhibit 3-3
-Refer to Exhibit 3-3. If the price is $27,
A)producers are willing to produce a maximum of 32 units.
B)there is an equilibrium.
C)there is a tendency for price to rise.
D)consumers are willing to buy as much as 25 units.
E)there is a shortage of 30 units.

Question

Exhibit 3-3 
-Refer to Exhibit 3-3. If the price is $27,
A)producers are willing to produce a maximum of 32 units. 
B)there is an equilibrium. 
C)there is a tendency for price to rise. 
D)consumers are willing to buy as much as 25 units. 
E)there is a shortage of 30 units.

Quizplus · Accepted Answer

The Answer of Exhibit 3-3 
-Refer to Exhibit 3-3. If the price is $27,
A)producers are willing to produce a maximum of 32 units. 
B)there is an equilibrium. 
C)there is a tendency for price to rise. 
D)consumers are willing to buy as much as 25 units. 
E)there is a shortage of 30 units.

Exhibit 3-3 -Refer to Exhibit 3-3. If the Price Is $27