menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 41
  4. Exam
    Exam 3: Demand and Supply
  5. Question
    -In the Above Figure, If the Price Is $8 Then
Solved

-In the Above Figure, If the Price Is $8 Then

Question 89

Question 89

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.
-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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

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

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines