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Given the Following Diagram: If the Actual Market Price

Question 108

Multiple Choice

Given the following diagram: Given the following diagram: If the actual market price were fixed at $6 per unit in the above diagram A) There would be a surplus of 40 units. B) There would be a surplus of 20 units. C) There would be a shortage of 40 units. D) There would be a shortage of 20 units. If the actual market price were fixed at $6 per unit in the above diagram


A) There would be a surplus of 40 units.
B) There would be a surplus of 20 units.
C) There would be a shortage of 40 units.
D) There would be a shortage of 20 units.

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