Use the Figure Below to Answer the Following Questions

question 176

Multiple Choice

Use the figure below to answer the following questions.
Table 3.5.2
Demand and Supply Schedules for Cups of Coffee each day at CoolU

-Refer to Table 3.5.2.If the price is set at $1.30 per cup,there is a ________ leading to a price ________.

• A)shortage;rise
• B)shortage;fall
• C)surplus;rise
• D)surplus;fall
• E)equilibrium;rise

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