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Use the Table Below to Answer the Following Questions

Question 68

Multiple Choice

Use the table below to answer the following questions.
Table 3.4.1
Use the table below to answer the following questions. Table 3.4.1    -Refer to Table 3.4.1.At a price of $3 a unit A) the market is in equilibrium. B) there is a 180-unit surplus and a tendency for the price to fall. C) there is a 180-unit shortage and a tendency for the price to rise. D) there is a 180-unit shortage and a tendency for the price to fall. E) there is a 420-unit shortage and a tendency for the price to rise.
-Refer to Table 3.4.1.At a price of $3 a unit


A) the market is in equilibrium.
B) there is a 180-unit surplus and a tendency for the price to fall.
C) there is a 180-unit shortage and a tendency for the price to rise.
D) there is a 180-unit shortage and a tendency for the price to fall.
E) there is a 420-unit shortage and a tendency for the price to rise.

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