Exhibit 3-8 Demand and Supply Data for Video Games

Exhibit 3-8 Demand and supply data for Video games Exhibit 3-8 presents supply and demand data for the video game market. If the price of video games was currently $70, there would be an ____ of ____ video games in this market.

A) excess demand; 450
B) excess demand; 500
C) excess supply; 400
D) excess supply; 850
E) excess demand; 400