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Exhibit 4-1 -If the Price of the Good Described in Exhibit 4-1

Question 148

Multiple Choice

Exhibit 4-1
Exhibit 4-1 -If the price of the good described in Exhibit 4-1 is $1.20, then there is a A) shortage of 30 units B) surplus of 30 units C) shortage of 60 units D) surplus of 60 units E) surplus of 20 units
-If the price of the good described in Exhibit 4-1 is $1.20, then there is a


A) shortage of 30 units
B) surplus of 30 units
C) shortage of 60 units
D) surplus of 60 units
E) surplus of 20 units

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