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    Exam 3: Demand, supply, and Price
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    FIGURE 3-4 Refer to Figure 3-4
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FIGURE 3-4 Refer to Figure 3-4

Question 134

Question 134

Multiple Choice

  FIGURE 3-4 Refer to Figure 3-4.If the price of 1-bedroom apartments in Collegetown were $1400,there would be a ________ of ________ apartments. A) surplus; 150 B) shortage; 300 C) shortage; 150 D) surplus; 300 E) surplus; 100 FIGURE 3-4 Refer to Figure 3-4.If the price of 1-bedroom apartments in Collegetown were $1400,there would be a ________ of ________ apartments.


A) surplus; 150
B) shortage; 300
C) shortage; 150
D) surplus; 300
E) surplus; 100

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