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-Using the Data in the Table Above,if the Price of a Stapler

Question 54

Multiple Choice

-Using the data in the table above,if the price of a stapler is $8,then there is a ________ of staplers and the quantity of staplers demanded ________ the quantity of staplers supplied. A) surplus; is greater than B) surplus; is less than C) shortage; is greater than D) shortage; is less than E) neither a surplus nor a shortage; equals
-Using the data in the table above,if the price of a stapler is $8,then there is a ________ of staplers and the quantity of staplers demanded ________ the quantity of staplers supplied.


A) surplus; is greater than
B) surplus; is less than
C) shortage; is greater than
D) shortage; is less than
E) neither a surplus nor a shortage; equals

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