Figure 3-4
-Refer to Figure 3-4.If the price is $20
A)there is a surplus of 600 units.
B)there is a shortage of 600 units.
C)quantity demanded is zero.
D)the market is in equilibrium.

Question

Figure 3-4 
-Refer to Figure 3-4.If the price is $20
A)there is a surplus of 600 units. 
B)there is a shortage of 600 units. 
C)quantity demanded is zero. 
D)the market is in equilibrium.

Quizplus · Accepted Answer

The Answer of Figure 3-4 
-Refer to Figure 3-4.If the price is $20
A)there is a surplus of 600 units. 
B)there is a shortage of 600 units. 
C)quantity demanded is zero. 
D)the market is in equilibrium.

Figure 3-4 -Refer to Figure 3-4.If the Price Is $20