(Table) in the Table, at a Price of $5 A) a Shortage of 40 Units Occurs

question 218

Multiple Choice

(Table) In the table, at a price of $5: $$\begin{array} { l c c } \text { Price } & \begin{array} { c } \text { Quantity } \\\text { Demanded }\end{array} & \begin{array} { c } \text { Quantity } \\\text { Supplied }\end{array} \\\$ 15 & 40 & 80 \\\$ 12 & 50 & 70 \\\$ 10 & 60 & 60 \\\$ 7 & 70 & 50 \\\$ 5 & 80 & 40\end{array}$$

• A) a shortage of 40 units occurs.
• B) equilibrium output is achieved.
• C) a surplus of 40 units occurs.
• D) a shortage of 20 units occurs.

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Definitions:

Analytical Methods

Techniques or procedures used to systematically analyze substances, financial data, or information to deduce qualitative and/or quantitative insights.

Project Analysis

The evaluation of the viability, stability, and profitability of a project through methods like cost-benefit analysis and risk assessment.

Rate of Return

The gain or loss on an investment over a specific period, expressed as a percentage of the investment's cost.

Required Return

The minimum rate of return on an investment that is necessary for it to be considered a viable option, taking into account its risk level.