-The Table Shows the Demand and Supply Schedules for Jeans

Multiple Choice

$$\begin{array} { | l | l | l | } \hline \begin{array} { l } \text { Price } \\\text { (dollars per } \\\text { pair) }\end{array} & \begin{array} { l } \text { Quantity } \\\text { demanded } \\\text { (pairs per } \\\text { week) }\end{array} & \begin{array} { l } \text { Quantity } \\\text { supplied } \\\text { (pairs per } \\\text { week) }\end{array} \\\hline 30 & 130 & 70 \\\hline 40 & 120 & 80 \\\hline 50 & 110 & 90 \\\hline 60 & 100 & 100 \\\hline 70 & 90 & 110 \\\hline 80 & 80 & 120 \\\hline 90 & 70 & 130 \\\hline\end{array}$$
-The table shows the demand and supply schedules for jeans.

A) At $40 a pair, there is a shortage of jeans and the price will fall.
B) At $60 a pair, there is a shortage of jeans and the price will fall.
C) At $40 a pair, there is a shortage of jeans and the price will rise.
D) At $60 a pair, there is a surplus of jeans and the price will rise.