Multiple Choice
-In the above figure, if the price is $8 then there is a
A) shortage of 200.
B) surplus of 200.
C) shortage of 100.
D) surplus of 100.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q84: The ʺlaw of demandʺ refers to the
Q85: Which of the following statements is correct?<br>A)
Q86: Which of the following shifts the demand
Q88: If the demand for bathing suits and
Q90: The opportunity cost of good A in
Q91: Which of the following decreases the demand
Q92: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -The figure above
Q93: Coffee and sugar are complements. If a
Q263: What is the law of demand?
Q331: Why does an increase in the supply