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Question 33

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-Refer to the information above to answer this question.Assume that there is a surplus of 20 units.What does this mean? A) Price will rise. B) Price must be $5. C) The quantity traded is 80. D) Buyers are only willing to pay $2 less than the current price in order to buy all of the quantity supplied.
-Refer to the information above to answer this question.Assume that there is a surplus of 20 units.What does this mean?


A) Price will rise.
B) Price must be $5.
C) The quantity traded is 80.
D) Buyers are only willing to pay $2 less than the current price in order to buy all of the quantity supplied.

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