Figure 7-3
Bettye Babylon does not charge admission to her arboreal estate, the Hanging Gardens. Due to space limitations, Bettye only allows 200 visitors per day at her estate. The figure represents the supply and demand for admission to the Hanging Gardens.
-Refer to Figure 7-3.At a price of ________,there is a surplus of tickets.
A) $0
B) between $0 and $10
C) $10
D) $25

Question

Figure 7-3
  Bettye Babylon does not charge admission to her arboreal estate, the Hanging Gardens. Due to space limitations, Bettye only allows 200 visitors per day at her estate. The figure represents the supply and demand for admission to the Hanging Gardens.
-Refer to Figure 7-3.At a price of ________,there is a surplus of tickets.
A) $0 
B) between $0 and $10 
C) $10 
D) $25

Quizplus · Accepted Answer

At a price of $25, the quantity supplied of tickets exceeds the quantity demanded, resulting in a surplus.

Figure 7-3 Bettye Babylon Does Not Charge Admission to Her