Multiple Choice
Figure 4-17

-Refer to Figure 4-17.If the price is $10,then there would be a
A) shortage of 400 units, and price would rise.
B) surplus of 400 units, and price would rise.
C) shortage of 600 units, and price would rise.
D) surplus of 600 units, and price would rise.
Correct Answer:
Verified
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