Figure 3.4.2 -At a Price of $4 a Unit in Figure 3.4.2

Multiple Choice

Figure 3.4.2
-At a price of $4 a unit in Figure 3.4.2,

A) the quantity demanded is 200 units.
B) the quantity supplied is 400 units.
C) there is a surplus of 200 units.
D) there is a shortage of 200 units.
E) the equilibrium quantity is 400 units.