Refer to the above table. At a price of $15 per unit, which of the following would exist?

Name: Refer to the above table. At a price of $15 per unit, which of the following would exist?
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Question

Quizplus · Accepted Answer

At a price of $15 per unit, the quantity demanded is 3,600 and the quantity supplied is 2,600. Therefore, there is a shortage of 1,000 units (quantity demanded minus quantity supplied).

Refer to the Above Table