Exhibit 3-15 Supply and demand curves for good X 
In Exhibit 3-15, at a price of $.50 the market for good X will experience a:
A) shortage of 100 units.
B) surplus of 100 units.
C) shortage of 300 units.
D) surplus of 200 units.
Correct Answer:
Verified
Q296: Exhibit 3-8 Demand and supply data for radios
Q297: Exhibit 3-11 Demand and supply curves 
Q298: Exhibit 3-11 Demand and supply curves
Q299: Exhibit 3-12 Supply and demand data
Q300: Exhibit 3-10 Demand and supply curves
Q302: Exhibit 3-16 Supply and demand curves for chairs
Q303: Exhibit 3-16 Supply and demand curves for chairs
Q305: Exhibit 3-14 Supply and demand curves
Q306: Exhibit 3-16 Supply and demand curves for chairs
Q307: Demand curves slope downward to the right.
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