Table 7-3
Market Supply and Demand for Good X -Refer to Table 7-3

question 77

Multiple Choice

Table 7-3
Market supply and demand for good X
$\begin{array}{|c|c|c|}\hline \text { Price (\$) } & \text { Quantity demanded } & \text { Quantity supplied } \\\hline 12.00 & 0 & 36 \\\hline 10.00 & 12 & 30 \\\hline 8.00 & 24 & 24 \\\hline 6.00 & 36 & 18 \\\hline 4.00 & 48 & 12 \\\hline 2.00 & 60 & 6 \\\hline 0.00 & 72 & 0 \\\hline\end{array}$
-Refer to Table 7-3.At a price of $6.00, total surplus would be:

• A)more than it would be at the equilibrium price
• B)less than it would be at the equilibrium price
• C)the same as it would be at the equilibrium price
• D)there is insufficient information to say

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Definitions:

Middle Class

A social group between the upper and working classes, including professional and business workers and their families.

Mass Murder

The act of killing four or more individuals at a single location and in a short period of time, typically without a cooling-off period between the murders.

Homicide Rates

The statistics or measures indicating the number of deaths due to homicide within a given population or area over a specific period of time.

U.S.

A short form for the United States, a federation comprising 50 states, a federal district, and various territories, recognized for its strong economic and military capabilities.