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Question 4

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-Refer to the above graph to answer this question.What will be the result in the market if the price is set at $70? A) There will be a shortage of 20 units. B) There will be a shortage of 40 units. C) There will be a surplus of 30 units. D) There will be a surplus of 40 units. E) None of the choices are correct.
-Refer to the above graph to answer this question.What will be the result in the market if the price is set at $70?


A) There will be a shortage of 20 units.
B) There will be a shortage of 40 units.
C) There will be a surplus of 30 units.
D) There will be a surplus of 40 units.
E) None of the choices are correct.

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