Use the Following to Answer Question(s): the Market for Chocolate-Covered

Multiple Choice

Use the following to answer question(s) : The Market for Chocolate-Covered Peanuts

-(Exhibit: The Market for Chocolate-Covered Peanuts) If the price of chocolate-covered peanuts is 50 cents, there is:

A) a surplus of 140 bags per month.
B) a shortage of 140 bags per month.
C) a surplus of 70 bags per month.
D) a shortage of 70 bags per month.