Table: Supply and Demand Schedule In the Table, a Surplus Occurs at a Price ________

Multiple Choice

Table: Supply and Demand Schedule $$\begin{array} { c c c } \hline \text { Price per Unit } & \text { Quantity Demanded } & \text { Quantity Supplied } \\\hline \$ 17 & 80 & 97 \\\$ 15 & 88 & 88 \\\$ 13 & 96 & 79 \\\$ 11 & 104 & 71 \\\hline\end{array}$$ In the table, a surplus occurs at a price ________, and a shortage occurs at a price _________.

A) of $17; below $15
B) of $15; above $15
C) above $15; of $15
D) above $11; below $17