Complete Table 3.1. Then answer the indicated question.
Table 3.1 Individual Demand and Supply Schedules
In Table 3.1, if the price is $4, the market will
A) Be in equilibrium.
B) Experience a surplus of 30 units.
C) Experience a shortage of 22 units.
D) Experience a surplus of 56 units.
Correct Answer:
Verified
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