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The Graph Shown Depicts the Market for a Good

Question 8

Multiple Choice

  The graph shown depicts the market for a good. At a price of $5, there is: A)  a shortage (excess demand)  of 10 units. B)  a shortage (excess demand)  of 20 units. C)  a shortage (excess demand)  of 30 units. D)  a surplus (excess supply)  of 20 units. The graph shown depicts the market for a good. At a price of $5, there is:


A) a shortage (excess demand) of 10 units.
B) a shortage (excess demand) of 20 units.
C) a shortage (excess demand) of 30 units.
D) a surplus (excess supply) of 20 units.

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