Using the Data in the Table Above, at the Price

question 29

Multiple Choice

Using the data in the table above, at the price of $80 a phone,

• A) a surplus of 25,000 smartphones occurs.
• B) a surplus of 80,000 smartphones occurs.
• C) a shortage of 55,000 smartphones occurs.
• D) the market is in equilibrium.
• E) a shortage of 25,000 smartphones occurs.

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Definitions:

Nervous Tissue

A type of tissue composed of neurons and glial cells that transmits electrical signals across the body to control functions and process information.

Spherical Cell

A cell characterized by a round shape, common in various types of unicellular organisms and some animal cells.

Columnar Cell

A type of epithelial cell that is taller than it is wide, often found lining organs such as the intestine, where it aids in absorption and secretion.