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Use the Following Table to Answer the Question

Question 160

Multiple Choice

Use the following Table to answer the question : Use the following Table to answer the question :   -When price is $10 A) there is a surplus. B) there is a shortage. C) quantity demanded is greater than quantity supplied. D) quantity supplied is greater than quantity demanded. E) there is a surplus and quantity supplied is greater than quantity demanded, but there is not a shortage and quantity demanded is not greater than quantity supplied.
-When price is $10


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

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