Use the table to answer the question.
At what price does this market experience a shortage of 70 units?
$$\begin{array} { | l | l | l | }
\hline \text { Price } & \begin{array} { l }
\text { Quantity } \
\text { Demanded } \
\text { (units) }
\end{array} & \begin{array} { l }
\text { Quantity } \
\text { Supplied (units) }
\end{array} \
\hline \$ 3 & 250 & 40 \
\hline \$ 5 & 220 & 80 \
\hline \$ 7 & 190 & 120 \
\hline \$ 9 & 160 & 160 \
\hline \$ 11 & 130 & 200 \
\hline \$ 13 & 100 & 240 \
\hline \$ 15 & 70 & 280 \
\hline
\end{array}$$

Question

Use the table to answer the question.
At what price does this market experience a shortage of 70 units?
 $$\begin{array} { | l | l | l | } 
\hline \text { Price } & \begin{array} { l } 
\text { Quantity } \
\text { Demanded } \
\text { (units) }
\end{array} & \begin{array} { l } 
\text { Quantity } \
\text { Supplied (units) }
\end{array} \
\hline \$ 3 & 250 & 40 \
\hline \$ 5 & 220 & 80 \
\hline \$ 7 & 190 & 120 \
\hline \$ 9 & 160 & 160 \
\hline \$ 11 & 130 & 200 \
\hline \$ 13 & 100 & 240 \
\hline \$ 15 & 70 & 280 \
\hline
\end{array}$$

Quizplus · Accepted Answer

At a price of $7, the quantity demanded is 190 units and the quantity supplied is 120 units, resulting in a shortage of 70 units (190 - 120 = 70).

Use the Table to Answer the Question A)$5 B)$7 C)$13 D)$15

Use the Table to Answer the Question A)$5
B)$7
C)$13
D)$15