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The Figure Below Shows the Supply and Demand Curves for Jeans

Question 69

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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