Table 4-2 -Refer to Table 4-2

question 162

Multiple Choice

Table 4-2
$\begin{array}{|c|c|c|}\hline \text { Price }(\$) & \text { Quantity demanded } & \text { Quantity supplied } \\\hline 25 & 1 & 25 \\\hline 20 & 2 & 20 \\\hline 15 & 3 & 15 \\\hline 10 & 4 & 10 \\\hline 5 & 5 & 5 \\\hline\end{array}$
-Refer to Table 4-2.In the table shown, if the price were $10:

• A)a surplus of 6 units would exist and price would tend to fall
• B)a surplus of 3 units would exist and price would tend to rise
• C)a shortage of 3 units would exist and price would tend to fall
• D)a shortage of 6 units would exist and price would tend to rise

---

Definitions:

Technicality

A minor detail affecting a legal decision or process that may have implications for the outcome of a case or the execution of a contract.

Ethical Practice

The adherence to moral principles and standards in professional and personal actions, ensuring fairness, transparency, and integrity.

Public Sector

The part of the economy that is controlled by the government, encompassing public services and enterprises.

Private Sector

The part of the economy that is owned and operated by individuals and companies for profit, not controlled by the state.