Exhibit 3-4
Refer to Exhibit 3-4. A price of $4 in the market will result in
A)a shortage of 10 units.
B)a surplus of 10 units.
C)a surplus of 5 units.
D)a shortage of 5 units.
E)no shortage or surplus.

Question

Exhibit 3-4 
Refer to Exhibit 3-4. A price of $4 in the market will result in
A)a shortage of 10 units. 
B)a surplus of 10 units. 
C)a surplus of 5 units. 
D)a shortage of 5 units. 
E)no shortage or surplus.

Quizplus · Accepted Answer

The Answer of Exhibit 3-4 
Refer to Exhibit 3-4. A price of $4 in the market will result in
A)a shortage of 10 units. 
B)a surplus of 10 units. 
C)a surplus of 5 units. 
D)a shortage of 5 units. 
E)no shortage or surplus.

Exhibit 3-4 Refer to Exhibit 3-4. a Price of $4 in the $4