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 Figure 310\text { Figure } 3-10 -In the Supply and Demand for Socks Schedules in Figure

Question 45

Multiple Choice

 Figure 310\text { Figure } 3-10 Price  Per Pair  Quantity  Demanded  Quantity  Supplied $2183$4144$6105$866$1028\begin{array} { | c c c | } \hline \begin{array} { c } \text { Price } \\\text { Per Pair }\end{array} & \begin{array} { c } \text { Quantity } \\\text { Demanded }\end{array} & \begin{array} { c } \text { Quantity } \\\text { Supplied }\end{array} \\\hline \$ 2 & 18 & 3 \\\$ 4 & 14 & 4 \\\$ 6 & 10 & 5 \\\$ 8 & 6 & 6 \\\$ 10 & 2 & 8 \\\hline\end{array}
-In the supply and demand for socks schedules in Figure 3-10,a price of $4 per pair results in


A) equilibrium
B) excess supply of 10 pairs
C) excess demand of 5 pairs
D) excess demand of 13 pairs
E) excess demand of 10 pairs

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