-Using the Data in the Above Table, at the Price

question 288

Multiple Choice

$\begin{array}{|l|l|l|}\hline\begin{array}{l}\text { Price } \\\text { (dollars per } \\\text { cellular } \\\text { phone) }\end{array} & \begin{array}{l}\text { Quantity } \\\text { demanded } \\\text { (thousands) }\end{array} & \begin{array}{l}\text { Quantity } \\\text { supplied } \\\text { (thousands) }\end{array} \\\hline 100 & 50 & 100 \\\hline 80 & 55 & 80 \\\hline 50 & 60 & 60 \\\hline 20 & 100 & 40 \\\hline\end{array}$
-Using the data in the above table, at the price of $80 a phone, a

• A) surplus of 25 thousand cellular telephones occurs.
• B) shortage of 55 thousand cellular telephones occurs.
• C) surplus of 80 thousand cellular telephones occurs.
• D) shortage of 25 thousand cellular telephones occurs.

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Definitions:

Beta Waves

Brain wave patterns associated with active, alert, and waking states, typically seen in EEG recordings.

Electroencephalograph

An instrument used to record the electrical activity of the brain, usually over a period, to diagnose or monitor neurological conditions.

Sleep Research

A field of study that investigates the physiological, psychological, and environmental factors that influence sleep patterns and disorders.

Cerebral Cortex

The outer layer of the brain, responsible for complex cognitive functions, including thought, memory, and consciousness.