Use the table to answer the question.
At what price does this market experience a shortage of 100 units?
$$\begin{array} { | l | l | l | }
\hline \text { Price } & \begin{array} { l }
\text { Quantity } \
\text { Demanded } \
\text { (units) }
\end{array} & \begin{array} { l }
\text { Quantity } \
\text { Supplied } \
\text { (units) }
\end{array} \
\hline \$ 25 & 450 & 200 \
\hline \$ 30 & 420 & 220 \
\hline \$ 35 & 390 & 240 \
\hline \$ 40 & 360 & 260 \
\hline \$ 45 & 330 & 280 \
\hline \$ 50 & 300 & 300 \
\hline \$ 55 & 270 & 320 \
\hline \$ 60 & 240 & 340 \
\hline
\end{array}$$

Question

Use the table to answer the question.
At what price does this market experience a shortage of 100 units?
 $$\begin{array} { | l | l | l | } 
\hline \text { Price } & \begin{array} { l } 
\text { Quantity } \
\text { Demanded } \
\text { (units) }
\end{array} & \begin{array} { l } 
\text { Quantity } \
\text { Supplied } \
\text { (units) }
\end{array} \
\hline \$ 25 & 450 & 200 \
\hline \$ 30 & 420 & 220 \
\hline \$ 35 & 390 & 240 \
\hline \$ 40 & 360 & 260 \
\hline \$ 45 & 330 & 280 \
\hline \$ 50 & 300 & 300 \
\hline \$ 55 & 270 & 320 \
\hline \$ 60 & 240 & 340 \
\hline
\end{array}$$

Quizplus · Accepted Answer

At a price of $40, the quantity demanded is 360 units and the quantity supplied is 260 units, resulting in a shortage of 100 units (360 - 260 = 100).

Use the Table to Answer the Question A)$60 B)$30 C)$50 D)$40

Use the Table to Answer the Question A)$60
B)$30
C)$50
D)$40