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This Table Shows the Demand and Supply Schedule of a Good

Question 150

Multiple Choice

This table shows the demand and supply schedule of a good. This table shows the demand and supply schedule of a good.   According to the table shown,at a price of $2.00 quantity demanded: A)  exceeds quantity supplied and a shortage exists. B)  is less than quantity supplied and a shortage exists. C)  exceeds quantity supplied and a surplus exists. D)  is less than quantity supplied and a surplus exists. According to the table shown,at a price of $2.00 quantity demanded:


A) exceeds quantity supplied and a shortage exists.
B) is less than quantity supplied and a shortage exists.
C) exceeds quantity supplied and a surplus exists.
D) is less than quantity supplied and a surplus exists.

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