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The Figure Below Shows the Supply and Demand Curves for Oranges

Question 91

Multiple Choice

The figure below shows the supply and demand curves for oranges in Smallville. The figure below shows the supply and demand curves for oranges in Smallville. At a price of $4 per pound there will be an excess ________ of ________ pounds of oranges per day. A) supply; 20 B) demand; 30 C) supply; 10 D) demand; 20 At a price of $4 per pound there will be an excess ________ of ________ pounds of oranges per day.


A) supply; 20
B) demand; 30
C) supply; 10
D) demand; 20

Correct Answer:

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