Suppose that the demand curve for a good is given by Q_D = 100 - 2P_D,while the supply curve for the good is given by Q_S = 60 + 2P_S.If the price in this market is currently equal to 20,then there is currently ______ in the amount of _____ units. A) excess demand;20 B) excess demand;40 C) excess supply;20 D) excess supply;40 E) excess supply;100

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The Answer of Suppose that the demand curve for a good is given by Q_D = 100 - 2P_D,while the supply curve for the good is given by Q_S = 60 + 2P_S.If the price in this market is currently equal to 20,then there is currently ______ in the amount of _____ units. A) excess demand;20 B) excess demand;40 C) excess supply;20 D) excess supply;40 E) excess supply;100

Suppose That the Demand Curve for a Good Is Given