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    Exam 3: Demand and Supply
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    -According to the Above Table, at a Price of $16
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-According to the Above Table, at a Price of $16

Question 45

Question 45

Multiple Choice

  -According to the above table, at a price of $16 per earbud, there is A)  an equilibrium. B)  a surplus of 3000 earbuds. C)  a shortage of 3000 earbuds. D)  a shortage of 1500 earbuds.
-According to the above table, at a price of $16 per earbud, there is


A) an equilibrium.
B) a surplus of 3000 earbuds.
C) a shortage of 3000 earbuds.
D) a shortage of 1500 earbuds.

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