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Figure 6-5 -Refer to Figure 6-5. Which of the Following Statements Is

Question 248

Multiple Choice

Figure 6-5
Figure 6-5 -Refer to Figure 6-5. Which of the following statements is not correct? A) When the price is $10, quantity supplied equals quantity demanded. B) When the price is $6, there is a surplus of 8 units. C) When the price is $12, there is a surplus of 4 units. D) When the price is $16, quantity supplied exceeds quantity demanded by 12 units.
-Refer to Figure 6-5. Which of the following statements is not correct?


A) When the price is $10, quantity supplied equals quantity demanded.
B) When the price is $6, there is a surplus of 8 units.
C) When the price is $12, there is a surplus of 4 units.
D) When the price is $16, quantity supplied exceeds quantity demanded by 12 units.

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