Table 4-2
-Refer to Table 4-2.In the table shown, if the price were $10:
A) a surplus of 6 units would exist and price would tend to fall
B) a surplus of 3 units would exist and price would tend to rise
C) a shortage of 3 units would exist and price would tend to fall
D) a shortage of 6 units would exist and price would tend to rise
Correct Answer:
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Q144: Graph 4-4 Q146: Graph 4-5 Q147: Table 4-2 Q148: A supply curve slopes upward because: Q149: At the equilibrium price: Q150: Graph 4-5 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
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A)an increase
A)everyone in the market![]()