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

question 184

Multiple Choice

Refer to the information provided in Table 3.2 below to answer the question(s) that follow.
Table 3.2
 Price per  Cheeseburger  Quantity Demanded  (Cheeseburgers per  Month)   Quantity Supplied  (Cheeseburgers per  Month)  $51,50050061,200700790090086001,10093001,300\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 demand of 1,000 cheeseburgers at a price of


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