Multiple Choice
-Using the data in the above table, at the price of $80 a phone, a
A) shortage of 25,000 cellular telephones occurs.
B) shortage of 55,000 cellular telephones occurs.
C) surplus of 25,000 cellular telephones occurs.
D) surplus of 80,000 cellular telephones occurs.
Correct Answer:

Verified
Correct Answer:
Verified
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