Complete Table 3.1.Then answer the indicated question. Table 3.1 Individual Demand and Supply Schedules In Table 3.1, if the price is $8, the market will
Quantity Demanded by
Quantity Supplied by
A) Be in equilibrium.
B) Experience a surplus of 30 units.
C) Experience a shortage of 22 units.
D) Experience a surplus of 56 units.
Correct Answer:
Verified
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