-Refer to the above information to answer this question.What is true if price is $45?
A)Price will soon fall.
B)There is a surplus of 40.
C)The quantity supplied is 200.
D)The quantity demanded is 80.
E)There is a shortage of 40.

Question

-Refer to the above information to answer this question.What is true if price is $45?
A)Price will soon fall. 
B)There is a surplus of 40. 
C)The quantity supplied is 200. 
D)The quantity demanded is 80. 
E)There is a shortage of 40.

Quizplus · Accepted Answer

The Answer of 
-Refer to the above information to answer this question.What is true if price is $45?
A)Price will soon fall. 
B)There is a surplus of 40. 
C)The quantity supplied is 200. 
D)The quantity demanded is 80. 
E)There is a shortage of 40.

-Refer to the Above Information to Answer This Question