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Table 3.4.2 -Refer to Table 3.4.2. the Table Shows the Demand and Shows

Question 49

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Table 3.4.2
Table 3.4.2    -Refer to Table 3.4.2. The table shows the demand and supply schedules for shampoo. If the price is $6 a bottle, there is a ________ of shampoo. So the price of a bottle of shampoo ________, the quantity demanded ________ and the quantity supplied ________. The market moves to equilibrium. A) shortage; rises; decreases; increases B) shortage; falls; decreases; increases C) surplus; rises; increases; decreases D) surplus; falls; increases; decreases E) shortage; rises; increases; decreases
-Refer to Table 3.4.2. The table shows the demand and supply schedules for shampoo. If the price is $6 a bottle, there is a ________ of shampoo. So the price of a bottle of shampoo ________, the quantity demanded ________ and the quantity supplied ________. The market moves to equilibrium.


A) shortage; rises; decreases; increases
B) shortage; falls; decreases; increases
C) surplus; rises; increases; decreases
D) surplus; falls; increases; decreases
E) shortage; rises; increases; decreases

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