Figure 4-4 
-Refer to the Figure 4-4. If the price is $10, what would happen?
A) There would be a shortage of 200 and the price would rise.
B) There would be a surplus of 200 and the price would fall.
C) There would be a shortage of 600 and the price would rise.
D) There would be a surplus of 600 and the price would fall.
Correct Answer:
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Q163: Figure 4-4 Q164: Figure 4-5 Q165: Figure 4-4 Q166: Suppose cupcakes are currently selling for $8 Q167: Why do markets move toward equilibrium of Q169: Figure 4-5 Q170: What happens when there is a shortage Q171: Suppose you wish to analyze the change Q172: Figure 4-5 Q173: If a shortage exists in a market, Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
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