Multiple Choice
Use the following to answer questions: Table: Equilibrium Price, Quantity
-(Table: Equilibrium Price, Quantity) Refer to the table. If the price in the market was $16, there would be a:
A) shortage of 10 units.
B) shortage of 35 units.
C) surplus of 10 units.
D) surplus of 45 units.
Correct Answer:

Verified
Correct Answer:
Verified
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