Refer to the table. 
In a free-market economy, according to the rationing function of prices, the market price and quantity will adjust to:
A) $10 and 2,000 units.
B) $15 and 1,600 units.
C) $20 and 900 units.
D) $25 and 1,200 units.
Correct Answer:
Verified
Q115: There will be a surplus of a
Q171: Q173: Q174: Refer to the diagram illustrating the market Q175: There is a surplus in a market Q177: In competitive markets a surplus or shortage Q178: Refer to the diagram.A price of $2.00 Q179: Refer to the diagram.A price of $60 Q181: Refer to the graph below.The graph shows Q244: If the market price is above the
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