Refer to the Information Provided in Table 3 -Refer to Table 3

question 72

Multiple Choice

Refer to the information provided in Table 3.2 below to answer the question(s) that follow.
Table 3.2
$$\begin{array} { | c | c | c | } \hline \begin{array} { c } \text { Price per } \\\text { Cheeseburger }\end{array} & \begin{array} { c } \text { Quantity Demanded } \\\text { (Cheeseburgers per } \\\text { Month) }\end{array} & \begin{array} { c } \text { Quantity Supplied } \\\text { (Cheeseburgers per } \\\text { Month) }\end{array} \\\hline \$ 5 & 1,500 & 500 \\\hline 6 & 1,200 & 700 \\\hline 7 & 900 & 900 \\\hline 8 & 600 & 1,100 \\\hline 9 & 300 & 1,300 \\\hline\end{array}$$
-Refer to Table 3.2. In this market there will be an excess supply of 500 cheeseburgers at a price of

• A) $5.
• B) $6.
• C) $8.
• D) $9.

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Definitions:

Spirituality

The quality of being concerned with the human spirit or soul as opposed to material or physical things.

Role Model

An individual whose behavior, example, or success is or can be emulated by others, especially by younger people or those in subordinated positions.

Personal Power

The ability to influence or control the behavior of others through personal attributes or skills, rather than through formal authority.

Legitimate Power

The authority a leader has by virtue of their position or role within an organization.