Use the Following to Answer Questions: Table: Equilibrium Adjustment -(Table: Equilibrium Adjustment) Refer to the Table

Multiple Choice

Use the following to answer questions: Table: Equilibrium Adjustment $$\begin{array} { c c c } \hline \text { Price } & \text { Quantity Demanded } & \text { Quantity Supplied } \\\hline \$ 10 & 100 & 160 \\8 & 120 & 145 \\6 & 130 & 130 \\4 & 140 & 115 \\2 & 150 & 100 \\\hline\end{array}$$
-(Table: Equilibrium Adjustment) Refer to the table. If the price in the free market is $8, then a:

A) surplus of 25 units would exist, and price would tend to fall.
B) surplus of 25 units would exist, and price would tend to rise.
C) shortage of 25 units would exist, and price would tend to rise.
D) shortage of 25 units would exist, and price would tend to fall.