​Exhibit 3-12 Supply and Demand Data
​ -In Exhibit 3-12, at a Price of $2

Multiple Choice

​Exhibit 3-12 Supply and demand data
​ $$\begin{array} { | c | c | c | } \hline \text { Price } & \begin{array} { c } \text { Quantity } \\\text { Demanded }\end{array} & \begin{array} { c } \text { Quantity } \\\text { Supplied }\end{array} \\\hline \$ 1.00 & 250 & 150 \\1.50 & 200 & 200 \\2.00 & 150 & 250 \\2.50 & 100 & 300 \\\hline\end{array}$$
-In Exhibit 3-12, at a price of $2.00 the market will experience a (an) : ?

A) ? shortage of 150 units.
B) ? surplus of 100 units.
C) ? shortage of 100 units.
D) ? equilibrium.