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    Exam 3: Supply and Demand
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    Refer to the Accompanying Figure
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Refer to the Accompanying Figure

Question 165

Question 165

Multiple Choice

Refer to the accompanying figure. At a price of $9, there will be: Refer to the accompanying figure. At a price of $9, there will be:   A) an excess demand of 5 units. B) an excess supply of 6 units. C) an excess demand of 1 unit. D) an excess supply of 5 units.


A) an excess demand of 5 units.
B) an excess supply of 6 units.
C) an excess demand of 1 unit.
D) an excess supply of 5 units.

Correct Answer:

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