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Reference: Ref 4-3 (Table: Equilibrium Price, Quantity) Refer to the Table

Question 37

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  Reference: Ref 4-3 (Table: Equilibrium Price, Quantity)  Refer to the table. If the price in the market was $12, there would be a: A)  shortage of 10 units. B)  shortage of 45 units. C)  surplus of 10 units. D)  surplus of 35 units. Reference: Ref 4-3 (Table: Equilibrium Price, Quantity) Refer to the table. If the price in the market was $12, there would be a:


A) shortage of 10 units.
B) shortage of 45 units.
C) surplus of 10 units.
D) surplus of 35 units.

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