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-In the Graph Shown Above at a Price of $38

Question 160

Multiple Choice

-In the graph shown above at a price of $38 A) there is a surplus. B) there is a shortage. C) quantity demanded is greater than quantity supplied. D) there is a shortage and quantity demanded is greater than quantity supplied,but there is not a surplus. E) there is a surplus and quantity demanded is greater than quantity supplied,but there is not a shortage.
-In the graph shown above at a price of $38


A) there is a surplus.
B) there is a shortage.
C) quantity demanded is greater than quantity supplied.
D) there is a shortage and quantity demanded is greater than quantity supplied,but there is not a surplus.
E) there is a surplus and quantity demanded is greater than quantity supplied,but there is not a shortage.

Correct Answer:

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