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-Refer to Figure 2

Question 106

Multiple Choice

-Refer to Figure 2.15 to answer this question.What will be the effect if the price is now $1,200? A) There would be a surplus of 30. B) There would be a shortage of 30. C) 160 would be purchased. D) There would be a surplus of 60. E) The price will increase.
-Refer to Figure 2.15 to answer this question.What will be the effect if the price is now $1,200?


A) There would be a surplus of 30.
B) There would be a shortage of 30.
C) 160 would be purchased.
D) There would be a surplus of 60.
E) The price will increase.

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