Exhibit 3-9 Demand and supply curves 
In Exhibit 3-9, if the market price is $50,
A) this market will be in equilibrium.
B) a shortage of 27 units would result.
C) the price is below the equilibrium price.
D) a surplus of 26 units would result.
E) a surplus of 27 units would result.
Correct Answer:
Verified
Q291: Exhibit 3-14 Supply and demand curves
Q292: Exhibit 3-10 Demand and supply curves
Q293: Exhibit 3-10 Demand and supply curves
Q294: Exhibit 3-13 Supply and demand curves
Q295: Exhibit 3-15 Supply and demand curves for
Q297: Exhibit 3-12 Supply and demand data
Q298: Exhibit 3-11 Demand and supply curves
Q299: Exhibit 3-8 Demand and supply data for
Q300: Exhibit 3-9 Demand and supply curves
Q320: If the price of good X increases
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