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    Macroeconomics Study Set 20
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    Exam 3: Supply and Demand: Theory
  5. Question
    -Refer to Exhibit 3-14
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-Refer to Exhibit 3-14

Question 23

Question 23

Multiple Choice

  -Refer to Exhibit 3-14.At a price of $11,there is a ____________ of ____________ units of good X. A)  shortage; 290 B)  shortage; 215 C)  surplus; 40 D)  surplus; 290 E)  shortage; 230
-Refer to Exhibit 3-14.At a price of $11,there is a ____________ of ____________ units of good X.


A) shortage; 290
B) shortage; 215
C) surplus; 40
D) surplus; 290
E) shortage; 230

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