Exhibit 3-8 Demand and supply data for radios
In Exhibit 3-8, if there is a shortage of radios of 200 units, the current price of radios must be:
A) $60.
B) $55.
C) $50.
D) $45.
E) $40.
Correct Answer:
Verified
Q268: At any price below the equilibrium
Q281: Exhibit 3-11 Demand and supply curves 
Q282: Exhibit 3-8 Demand and supply data for radios
Q283: Exhibit 3-7 Demand and supply curves 
Q284: Exhibit 3-8 Demand and supply data for radios
Q286: Exhibit 3-10 Demand and supply curves 
Q287: Exhibit 3-8 Demand and supply data for radios
Q288: Exhibit 3-10 Demand and supply curves 
Q289: Exhibit 3-8 Demand and supply data for radios
Q290: Exhibit 3-12 Supply and demand data 
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