Table: Supply and Demand Schedule

In the table, a surplus occurs at a price ________, and a shortage occurs at a price _________.
A) of $17; below $15
B) of $15; above $15
C) above $15; of $15
D) above $11; below $17

Question

Table: Supply and Demand Schedule

In the table, a surplus occurs at a price ________, and a shortage occurs at a price _________.
A) of $17; below $15 
B) of $15; above $15 
C) above $15; of $15 
D) above $11; below $17

Quizplus · Accepted Answer

The Answer of Table: Supply and Demand Schedule

In the table, a surplus occurs at a price ________, and a shortage occurs at a price _________.
A) of $17; below $15 
B) of $15; above $15 
C) above $15; of $15 
D) above $11; below $17