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(Table: Equilibrium Price, Quantity) Refer to the Table

Question 18

Multiple Choice

    (Table: Equilibrium Price, Quantity)  Refer to the table. If theprice in the market was $16, there would be a: A) shortage of 10 units. B) shortage of 35 units. C) surplus of 10 units. D) surplus of 45 units.     (Table: Equilibrium Price, Quantity)  Refer to the table. If theprice in the market was $16, there would be a: A) shortage of 10 units. B) shortage of 35 units. C) surplus of 10 units. D) surplus of 45 units. (Table: Equilibrium Price, Quantity) Refer to the table. If theprice in the market was $16, there would be a:


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

Correct Answer:

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