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-At a Price of $80 Per Unit There Would Be

Question 70

Multiple Choice

   -At a price of $80 per unit there would be a: A)  surplus of 25 units and the price charged would fall. B)  shortage of 25 units and the price charged would rise. C)  surplus of 25 units and the equilibrium price would rise. D)  none of the above.
-At a price of $80 per unit there would be a:


A) surplus of 25 units and the price charged would fall.
B) shortage of 25 units and the price charged would rise.
C) surplus of 25 units and the equilibrium price would rise.
D) none of the above.

Correct Answer:

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