Multiple Choice
-In Figure 4-18, there would be a shortage of T-shirts if the price were
A) $10 and the market price will rise.
B) $8 and the market will tend toward equilibrium.
C) below $8 and the shortage persists.
D) between $8 and $6 and the shortage will get larger.
Correct Answer:

Verified
Correct Answer:
Verified
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