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    Economics Today
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    Exam 3: Demand and Supply
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    -According to the Above Table, at a Price of $16
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-According to the Above Table, at a Price of $16

Question 13

Question 13

Multiple Choice

  -According to the above table, at a price of $16 per DVD, there is A) an equilibrium. B) a surplus of 3000 DVDs. C) a shortage of 3000 DVDs. D) a shortage of 1500 DVDs.
-According to the above table, at a price of $16 per DVD, there is


A) an equilibrium.
B) a surplus of 3000 DVDs.
C) a shortage of 3000 DVDs.
D) a shortage of 1500 DVDs.

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