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-Refer to the Figure Above

Question 61

Multiple Choice

-Refer to the figure above. At a price of $70, which of the following is true? A) The quantity demanded exceeds the quantity supplied. B) The quantity supplied exceeds the quantity demanded. C) There is a shortage of the sunglasses. D) The quantity demanded equals the quantity supplied.
-Refer to the figure above. At a price of $70, which of the following is true?


A) The quantity demanded exceeds the quantity supplied.
B) The quantity supplied exceeds the quantity demanded.
C) There is a shortage of the sunglasses.
D) The quantity demanded equals the quantity supplied.

Correct Answer:

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