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Use the Figure Below to Answer the Following Questions

Question 77

Multiple Choice

Use the figure below to answer the following questions.
Use the figure below to answer the following questions. Figure 3.4.2 -Refer to Figure 3.4.2. When the price is $10 a unit, A) consumers will buy only 100 units of output. B) consumers will buy 500 units of output. C) consumers will buy nothing. D) a shortage occurs. E) the surplus is zero.
Figure 3.4.2
-Refer to Figure 3.4.2. When the price is $10 a unit,


A) consumers will buy only 100 units of output.
B) consumers will buy 500 units of output.
C) consumers will buy nothing.
D) a shortage occurs.
E) the surplus is zero.

Correct Answer:

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