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In the Table, P = Price, Qs = Quantity Supplied

Question 59

Multiple Choice

In the table, P = price, Qs = quantity supplied, and Qd equals quantity demanded.
In the table, P = price, Qs = quantity supplied, and Qd equals quantity demanded. -A shortage will develop in this market when price is: A) $5. B) $6. C) $7. D) $8.
-A shortage will develop in this market when price is:


A) $5.
B) $6.
C) $7.
D) $8.

Correct Answer:

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