Figure 3.4.2 -At a Price of $10 a Unit in Figure 3.4.2

Multiple Choice

Figure 3.4.2
-At a price of $10 a unit in Figure 3.4.2,

A) there is a surplus of 400 units.
B) there is a surplus of 200 units.
C) there is a shortage of 200 units.
D) there is a shortage of 400 units.
E) supply exceeds demand.