Use the Following Demand and Supply Functions: Demand $Q _ { d } = 50 - 4 P$

question 8

Multiple Choice

Use the following demand and supply functions: Demand: $Q _ { d } = 50 - 4 P$ Supply: $Q _ { s } = 20 + 2 P$ If the price is $10,there is a

• A)surplus of 30 units.
• B)shortage of 30 units.
• C)surplus of 40 units.
• D)shortage of 10 units.
• E)none of the above

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Definitions:

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Freud

Sigmund Freud was an Austrian neurologist and the founder of psychoanalysis, a clinical method for treating psychopathology.

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An aspect or component of an individual's personality, such as a trait or behavior pattern, that contributes to their overall character and psychological identity.

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A psychoanalytic concept suggesting that ego makes decisions based on the reality of the world, taking into account societal norms and laws.