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-According to the Above Table, at a Price of $8

Question 355

Multiple Choice

-According to the above table, at a price of $8 per unit, other things constant A) consumers will continue to bid prices upward. B) there will be no tendency for the market to approach an equilibrium. C) a surplus of 100 units will exist. D) a shortage of 80 units will exist.
-According to the above table, at a price of $8 per unit, other things constant


A) consumers will continue to bid prices upward.
B) there will be no tendency for the market to approach an equilibrium.
C) a surplus of 100 units will exist.
D) a shortage of 80 units will exist.

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