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-Using the Data in the Table Above,at the Price of $80

Question 84

Multiple Choice

  -Using the data in the table above,at the price of $80 a phone, A) a shortage of 55,000 cellular phones occurs. B) a shortage of 25,000 cellular phones occurs. C) a surplus of 80,000 cellular phones occurs. D) the market is in equilibrium. E) a surplus of 25,000 cellular phones occurs.
-Using the data in the table above,at the price of $80 a phone,


A) a shortage of 55,000 cellular phones occurs.
B) a shortage of 25,000 cellular phones occurs.
C) a surplus of 80,000 cellular phones occurs.
D) the market is in equilibrium.
E) a surplus of 25,000 cellular phones occurs.

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