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Use the Following to Answer Question

Question 39

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Use the following to answer question:
Figure 18.2 Use the following to answer question: Figure 18.2   -(Figure 18.2)  The graph shows the demand and supply curves for Bryce Harper's rookie baseball card. If baseball card collectors, who are loss-averse, originally paid $6 for Harper's card, the current market for Harper's card will be characterized by: A)  3 million cards being traded. B)  an excess supply of 3 million cards. C)  an excess demand of 3 million cards. D)  5 million cards being traded.
-(Figure 18.2) The graph shows the demand and supply curves for Bryce Harper's rookie baseball card. If baseball card collectors, who are loss-averse, originally paid $6 for Harper's card, the current market for Harper's card will be characterized by:


A) 3 million cards being traded.
B) an excess supply of 3 million cards.
C) an excess demand of 3 million cards.
D) 5 million cards being traded.

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