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    Microeconomics Study Set 46
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    Exam 3: Using Supply and Demand to Analyze Markets
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    (Figure: Market for Peanuts II) at a Price Floor of $750
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(Figure: Market for Peanuts II) at a Price Floor of $750

Question 91

Question 91

Multiple Choice

(Figure: Market for Peanuts II) At a price floor of $750, there is an excess supply of _____ tons of peanuts. (Figure: Market for Peanuts II)  At a price floor of $750, there is an excess supply of _____ tons of peanuts.   A)  18 million B)  12 million C)  15 million D)  37 million


A) 18 million
B) 12 million
C) 15 million
D) 37 million

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