-In the Above Figure, If the Price Is $8 Then

question 210

Multiple Choice

-In the above figure, if the price is $8 then there is a

• A) surplus of 100.
• B) surplus of 200.
• C) shortage of 100.
• D) shortage of 200.

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Definitions:

Make Deposits

The process of adding funds to a bank account, often facilitated by banking or financial software.

Sales on Account

Transactions where goods or services are sold and payment is deferred to a later date, creating accounts receivable.

Create Invoices

The act of generating a document that specifies the amount owed by a customer for goods or services provided.

Credit Sales

Transactions where goods or services are sold to a customer with payment to be received at a later date.