-Refer to Figure 2.3.At a price of $10 per CD,there would be
A) Excess supply of 70 thousand CDs
B) Excess demand of 50 thousand CDs
C) Excess supply of 50 thousand CDs
D) Excess demand of 70 thousand CDs

Question

-Refer to Figure 2.3.At a price of $10 per CD,there would be
A) Excess supply of 70 thousand CDs 
B) Excess demand of 50 thousand CDs 
C) Excess supply of 50 thousand CDs 
D) Excess demand of 70 thousand CDs

Quizplus · Accepted Answer

The Answer of 
-Refer to Figure 2.3.At a price of $10 per CD,there would be
A) Excess supply of 70 thousand CDs 
B) Excess demand of 50 thousand CDs 
C) Excess supply of 50 thousand CDs 
D) Excess demand of 70 thousand CDs