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Refer to the Above Data

Question 94

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  Refer to the above data.If the price in this market was $4: A)  the market would clear;quantity demanded would equal quantity supplied. B)  buyers would want to purchase more wheat than is currently being supplied. C)  farmers would not be able to sell all their wheat. D)  there would be a shortage of wheat. Refer to the above data.If the price in this market was $4:


A) the market would clear;quantity demanded would equal quantity supplied.
B) buyers would want to purchase more wheat than is currently being supplied.
C) farmers would not be able to sell all their wheat.
D) there would be a shortage of wheat.

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