Figure 3.4.2 -At a Price of $10 a Unit in Figure 3.4.2

question 32

Multiple Choice

Figure 3.4.2
-At a price of $10 a unit in Figure 3.4.2,

• A)there is a surplus of 400 units.
• B)there is a surplus of 200 units.
• C)there is a shortage of 200 units.
• D)there is a shortage of 400 units.
• E)supply exceeds demand.