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The Figure Below Shows the Supply and Demand Curves for Jeans

Question 70

Multiple Choice

The figure below shows the supply and demand curves for jeans in Smallville. The figure below shows the supply and demand curves for jeans in Smallville. At a price of $60 per pair, there will be an excess ________ of ________ pairs of jeans per day. A) supply; 24 B) supply; 16 C) demand; 16 D) demand; 8 At a price of $60 per pair, there will be an excess ________ of ________ pairs of jeans per day.


A) supply; 24
B) supply; 16
C) demand; 16
D) demand; 8

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