Figure 3.4.2
-At a price of $4 a unit in Figure 3.4.2,
A) the quantity demanded is 200 units.
B) the quantity supplied is 400 units.
C) there is a surplus of 200 units.
D) there is a shortage of 200 units.
E) the equilibrium quantity is 400 units.
Correct Answer:
Verified
Q88: Q89: Use the figure below to answer the Q90: Complete the following sentence.A surplus Q92: Which one of the following correctly describes Q92: The price of a good will tend Q94: A shortage will exist if Q95: When a market is in equilibrium, Q96: Consider a graph that shows an upward- Q97: When a shortage occurs, there is a Q98: ![]()
A)is the amount
A)there are not
A)supply equals![]()
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