Table 4-2

-Refer to Table 4-2.If the price were $2,a
A) shortage of 25 units would exist and price would tend to fall.
B) surplus of 50 units would exist and price would tend to rise.
C) surplus of 25 units would exist and price would tend to fall.
D) shortage of 50 units would exist and price would tend to rise.
Correct Answer:
Verified
Q1: In markets,prices move toward equilibrium because of
A)the
Q24: When the price of a good is
Q185: Figure 4-8 Q187: When there is a shortage of 100 Q188: Figure 4-7 Q189: Figure 4-8 Q191: Table 4-2 Q193: Suppose roses are currently selling for $40.00 Q194: Figure 4-9 Q195: Figure 4-7 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
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