Exhibit 3-12 Supply and demand data

-In Exhibit 3-12,at a price of $2.00 the market will experience a(n) :
A) shortage of 150 units.
B) surplus of 100 units.
C) shortage of 100 units.
D) equilibrium.
Correct Answer:
Verified
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Q299: Exhibit 3-14 Supply and demand curves
Q300: Exhibit 3-13 Supply and demand curves
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