-If producers in this market charged a price of $6, there would be a:

Name: -If producers in this market charged a price of $6, there would be a:
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Question

Quizplus · Accepted Answer

At a price of $6, the quantity supplied would exceed the quantity demanded, leading to a surplus. The specific quantity of the surplus (200 units) depends on the details of the supply and demand curves not provided here, but this choice correctly identifies the nature of the market imbalance.

-If Producers in This Market Charged a Price of $6