Complete Table 3

question 8

Multiple Choice

Complete Table 3.1. Then answer the indicated question. Table 3.1 Individual Demand and Supply Schedules
In Table 3.1, if the price is $8, the market will

• A) Be in equilibrium.
• B) Experience a surplus of 30 units.
• C) Experience a shortage of 22 units.
• D) Experience a surplus of 56 units.

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