Table 43 -The Table Given Below Shows the Quantity Supplied and the |

Multiple Choice

Table 4.3
$$\begin{array} { | c | c | c | } \hline \text { Price (\$) } & \text { Quantity demanded } & \text { Quantity supplied } \\\hline 1.0 & 100 & 10 \\\hline 1.20 & 90 & 30 \\\hline 1.40 & 80 & 50 \\\hline 1.50 & 70 & 70 \\\hline 1.60 & 60 & 90 \\\hline\end{array}$$
-The table given below shows the quantity supplied and the quantity demanded of a good at different prices. If the price of the good described in the table given below is $1.50, then _____

A) there is a shortage in the market.
B) there is a surplus in the market.
C) the market is in equilibrium.
D) the supply of the good increases by 30 units.
E) the demand for the good increases by 30 units.