The Following Questions Refer to the graph below.
-A price of $20 will lead to a
A)Shortage of 200
B)Surplus of 200
C)Shortage of 100
D)Surplus of 100
E)Surplus of 300

Name: The Following Questions Refer to the graph below. -A price of $20 will lead to a A)Shortage of 200 B)Surplus of 200 C)Shortage of 100 D)Surplus of 100 E)Surplus of 300
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Question

The Following Questions Refer to the graph below. 
-A price of $20 will lead to a
A)Shortage of 200 
B)Surplus of 200 
C)Shortage of 100 
D)Surplus of 100 
E)Surplus of 300

Quizplus · Accepted Answer

A price of $20 will lead to a surplus of 200, indicating that at this price level, the quantity supplied exceeds the quantity demanded by 200 units.

The Following Questions Refer to the Graph Below