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Exhibit 3-8  Demand and Supply Data for Radios in Exhibit

Question 291

Multiple Choice

Exhibit 3-8  Demand and supply data for radios Exhibit 3-8  Demand and supply data for radios In Exhibit 3-8, if there is a shortage of radios of 200 units, the current price of radios must be: A) $60. B) $55. C) $50. D) $45. E) $40. In Exhibit 3-8, if there is a shortage of radios of 200 units, the current price of radios must be:


A) $60.
B) $55.
C) $50.
D) $45.
E) $40.

Correct Answer:

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