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    Business
  3. Study Set
    Principles of Macroeconomics
  4. Exam
    Exam 4: The Market Forces of Supply and Demand
  5. Question
    -Refer to the Table 4-1
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-Refer to the Table 4-1

Question 57

Question 57

Multiple Choice

  -Refer to the Table 4-1. If the price were $30, what would happen? A)  A shortage of 90 units would exist and the price would tend to fall. B)  A surplus of 45 units would exist and the price would tend to rise. C)  A surplus of 45 units would exist and the price would tend to fall. D)  A shortage of 90 units would exist and the price would tend to rise.
-Refer to the Table 4-1. If the price were $30, what would happen?


A) A shortage of 90 units would exist and the price would tend to fall.
B) A surplus of 45 units would exist and the price would tend to rise.
C) A surplus of 45 units would exist and the price would tend to fall.
D) A shortage of 90 units would exist and the price would tend to rise.

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