Table 3-C PRICE music downloads $2.00 1.801.601.401.201.000.800.650.400.20 QUANTITY DEMANDED music downloads 1,000,000 urits 2,000,000 units 3,000,000 units 4,000,000 units 5,000,000 units 6,000,000 units 7,000,000 units 8,000,000 units 9,000,000 units 10,000,000 units QUANTITY SUPPLIED music downloads 5,500,000 urits 5,00,000 units 4,50,000 units 4,000,000 units 3,500,000 units 3,000,000 units 2,500,000 units 2,000,000 units 1,500,000 units 1,000,000 units -Refer to Table 3-C.At $1.80 there is a ____ of ____ downloads.
A) shortage; 3,000,000 B) shortage; 7,000,000 C) surplus; 7,000,000 D) surplus; 3,000,000 E) None of the above are correct.
Correct Answer:
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