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Suppose = $40, F = 50, and the Demand

Question 20

Multiple Choice

Suppose Suppose = $40, F = 50, and the demand function is , then if government sets a price of $30 what will be the result? A) a shortage of 120 B) a surplus of 120 C) a shortage of 160 D) a surplus of 160 = $40, F = 50, and the demand function is Suppose = $40, F = 50, and the demand function is , then if government sets a price of $30 what will be the result? A) a shortage of 120 B) a surplus of 120 C) a shortage of 160 D) a surplus of 160 , then if government sets a price of $30 what will be the result?


A) a shortage of 120
B) a surplus of 120
C) a shortage of 160
D) a surplus of 160

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