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Use the Table Below to Answer the Following Questions

Question 179

Multiple Choice

Use the table below to answer the following questions.
Table 3.5.1
The Market for Car-Seat Heaters
Use the table below to answer the following questions. Table 3.5.1 The Market for Car-Seat Heaters    -Refer to Table 3.5.1.If the price is set at $80,there will be a A) shortage of 200 units and price will rise. B) shortage of 200 units and demand will fall. C) surplus of 200 units and demand will rise. D) surplus of 200 units and supply will fall. E) surplus of 200 units and price will fall.
-Refer to Table 3.5.1.If the price is set at $80,there will be a


A) shortage of 200 units and price will rise.
B) shortage of 200 units and demand will fall.
C) surplus of 200 units and demand will rise.
D) surplus of 200 units and supply will fall.
E) surplus of 200 units and price will fall.

Correct Answer:

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