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Use the Table Below to Answer the Following Questions

Question 64

Multiple Choice

Use the table below to answer the following questions.
Table 3.5.3 Use the table below to answer the following questions. Table 3.5.3   -Refer to Table 3.5.3.Suppose that the price of a designer sport t- shirt is $6.The market has _______ leading to _______ . A) an equilibrium; no change in the price B) a surplus; a rise in the price C) a shortage; a fall in the price D) a shortage; a rise in the price E) a surplus; a fall in the price
-Refer to Table 3.5.3.Suppose that the price of a designer sport t- shirt is $6.The market has _______ leading to _______ .


A) an equilibrium; no change in the price
B) a surplus; a rise in the price
C) a shortage; a fall in the price
D) a shortage; a rise in the price
E) a surplus; a fall in the price

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