This table shows the demand and supply schedule of a good. According to the table shown,at a price of $1.00:

Name: This table shows the demand and supply schedule of a good. According to the table shown,at a price of $1.00:
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Question

This table shows the demand and supply schedule of a good.  According to the table shown,at a price of $1.00:

Quizplus · Accepted Answer

At a price of $1.00, the quantity demanded is 4 units, while the quantity supplied is only 2 units. Therefore, there is a shortage of 2 units in the market.

This Table Shows the Demand and Supply Schedule of a Good