Exhibit 3-9 Demand and supply curves 
In Exhibit 3-9, if the market price is $20,
A) this market will be in equilibrium.
B) a shortage of 27 units will result.
C) the price is above the equilibrium price.
D) a surplus of 26 units will result.
E) a shortage of 26 units will result.
Correct Answer:
Verified
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