Multiple Choice
Table 4-2

-Refer to Table 4-2. In the table shown, if the price were $10:
A) a surplus of 7 units would exist and price would tend to fall
B) a surplus of 7 units would exist and price would tend to rise
C) a shortage of 7 units would exist and price would tend to fall
D) a shortage of 7 units would exist and price would tend to rise
Correct Answer:
Verified
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