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Question 278

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Use the following to answer questions :
Table: The Lemonade Market
Use the following to answer questions : Table: The Lemonade Market -(Table: The Lemonade Market) Look at the table The Lemonade Market. If the price of a cup of lemonade is $1, there will be _____ in the market. A) equilibrium B) a shortage of 150 cups C) a shortage of 75 cups D) a surplus of 75 cups
-(Table: The Lemonade Market) Look at the table The Lemonade Market. If the price of a cup of lemonade is $1, there will be _____ in the market.


A) equilibrium
B) a shortage of 150 cups
C) a shortage of 75 cups
D) a surplus of 75 cups

Correct Answer:

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