Use the following to answer question(s) : The Market for Chocolate-Covered Peanuts
-(Exhibit: The Market for Chocolate-Covered Peanuts) If the price of chocolate-covered peanuts is 80 cents, there is:
A) a surplus of 140 bags per month.
B) a shortage of 140 bags per month.
C) a surplus of 70 bags per month.
D) a shortage of 70 bags per month.
Correct Answer:
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