Use the following to answer question(s) : Demand and Supply of Wheat
-(Exhibit: Demand and Supply of Wheat) A temporary price of $2 in this market would result in:
A) a surplus of 8,000 bushels.
B) a shortage of 8,000 bushels.
C) a shortage of 10,000 bushels.
D) a surplus of 10,000 bushels.
Correct Answer:
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