Multiple Choice

-Refer to the above diagram.A price of $20 in this market will result in:
A) equilibrium.
B) a shortage of 50 units.
C) a surplus of 50 units.
D) a shortage of 100 units.
Correct Answer:
Verified
Related Questions

-Refer to the above diagram.A price of $20 in this market will result in:
A) equilibrium.
B) a shortage of 50 units.
C) a surplus of 50 units.
D) a shortage of 100 units.
Correct Answer:
Verified