Refer to the Information Provided in Table 3 -Refer to Table 3

question 96

Multiple Choice

Refer to the information provided in Table 3.2 below to answer the question(s) that follow.
Table 3.2
$$\begin{array} { | c | c | c | } \hline \begin{array} { c } \text { Price per } \\\text { Cheeseburger }\end{array} & \begin{array} { c } \text { Quantity Demanded } \\\text { (Cheeseburgers per } \\\text { Month) }\end{array} & \begin{array} { c } \text { Quantity Supplied } \\\text { (Cheeseburgers per } \\\text { Month) }\end{array} \\\hline \$ 5 & 1,500 & 500 \\\hline 6 & 1,200 & 700 \\\hline 7 & 900 & 900 \\\hline 8 & 600 & 1,100 \\\hline 9 & 300 & 1,300 \\\hline\end{array}$$
-Refer to Table 3.2. If the price per cheeseburger is $9, there is a(n)

• A) market equilibrium.
• B) excess demand of 500 units.
• C) excess demand of 300 units.
• D) excess supply of 1,000 units.

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Definitions:

Cerebellum

Part of the brain at the back of the skull that regulates coordination, precision, and accurate timing of movements.

Adrenaline

A hormone and neurotransmitter, also known as epinephrine, released in response to stress, increasing heart rate, blood flow, and energy release.

Limbic Structure

A complex system of nerves and networks in the brain, involving several areas near the edge of the cortex concerned with instinct and mood. It controls the basic emotions and drives.

Anger

A strong feeling of annoyance, displeasure, or hostility.