The Table Given Below Shows the Quantity Supplied and the Quantity

Multiple Choice

The table given below shows the quantity supplied and the quantity demanded for a good at different prices.If the market price of the good is $1.20,there will be a _____.
$$\begin{array}{l}\text { Table } 4.1\\\begin{array} { | r | r | r | } \hline { \text { Price(\$) } } & { \begin{array} { l } \text { Quantity } \\\text { demanded }\end{array} } & { \begin{array} { l } \text { Quantity } \\\text { supplied }\end{array} } \\\hline 1 & 100 & 10 \\\hline 1.2 & 90 & 30 \\\hline 1.4 & 80 & 50 \\\hline 1.5 & 70 & 70 \\\hline 1.6 & 60 & 90 \\\hline\end{array}\end{array}$$

A) shortage of 30 units
B) surplus of 30 units
C) shortage of 60 units
D) surplus of 60 units
E) surplus of 20 units