At a Price of $4 in the Above Figure

question 178

Multiple Choice

At a price of $4 in the above figure,

• A) there is a shortage of 200 units.
• B) the quantity supplied is 400 units.
• C) there is a surplus of 200 units.
• D) the equilibrium quantity is 400 units.

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Definitions:

Refusal Message

A communication used to inform someone that their request or proposal has been denied.

E-mail

A method of sending messages electronically from one computer user to one or more recipients via a network.

Social Networks

Online platforms that allow users to create public profiles, interact with real-life friends, and meet other people based on shared interests or activities.

Complaints

Expressions of dissatisfaction or grievances about a situation, product, or service.