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Exhibit 5-1 -Refer to Exhibit 5-1,which Shows Supply and Demand for Freeway

Question 1

Multiple Choice

Exhibit 5-1
Exhibit 5-1    -Refer to Exhibit 5-1,which shows supply and demand for freeway space at both 8a.m.and ________ at 11 p.m. A)  shortage; a surplus B)  surplus; a shortage C)  surplus; equilibrium D)  shortage; equilibrium
-Refer to Exhibit 5-1,which shows supply and demand for freeway space at both 8a.m.and ________ at 11 p.m.


A) shortage; a surplus
B) surplus; a shortage
C) surplus; equilibrium
D) shortage; equilibrium

Correct Answer:

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