Multiple Choice
-Refer to Table 5- 1. Suppose the government imposed a price of $0.60 per chocolate bar. The result would be
A) excess supply of 1750 chocolate bars per week.
B) stockpiling of unsold chocolate bars.
C) excess supply of 450 chocolate bars per week.
D) excess demand of 2200 chocolate bars per week.
E) excess demand of 450 chocolate bars per week.
Correct Answer:
Verified
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