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Complete Table 3

Question 99

Multiple Choice

Complete Table 3.1. Then answer the indicated question. 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. 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. 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:

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