Multiple Choice

-If producers in this market charged a price of $2, there would be:
A) a surplus of 200 units.
B) a surplus of 300 units.
C) a shortage of 300 units.
D) no surplus or shortage.
Correct Answer:
Verified
Related Questions

-If producers in this market charged a price of $2, there would be:
A) a surplus of 200 units.
B) a surplus of 300 units.
C) a shortage of 300 units.
D) no surplus or shortage.
Correct Answer:
Verified