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Figure 4-7 -Refer to Figure 4-7.At a Price of $15

Question 177

Multiple Choice

Figure 4-7
Figure 4-7 -Refer to Figure 4-7.At a price of $15, A) there would be a shortage of 400 units. B) there would be a surplus of 400 units. C) there would be a shortage of 200 units. D) there would be an excess demand of 200 units.
-Refer to Figure 4-7.At a price of $15,


A) there would be a shortage of 400 units.
B) there would be a surplus of 400 units.
C) there would be a shortage of 200 units.
D) there would be an excess demand of 200 units.

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