$\begin{array}{ccc}
\text { Quantity Demanded } & \text { Price } & \text { Quantity Supplied } \
30 & \$ 10 & 64 \
40 & \$ 8 & 55 \
50 & \$ 6 & 50 \
60 & \$ 4 & 40 \
70 & \$ 2 & 20
\end{array}$
-When price is $10

Question

Quizplus · Accepted Answer

At a price of $10, the quantity demanded is 30 units while the quantity supplied is 64 units. This means there is a surplus because the quantity supplied (64 units) is greater than the quantity demanded (30 units), indicating option E is correct.

-When Price Is $10 A)there Is a Surplus

-When Price Is $10
A)there Is a Surplus