Exhibit 3-1 Refer to Exhibit 3-1. at a Price of $2 There

question 4

Multiple Choice

Exhibit 3-1
Refer to Exhibit 3-1. At a price of $2 there is a

• A)shortage of 100 units.
• B)shortage of 200 units.
• C)shortage of 150 units.
• D)surplus of 200 units..
• E)surplus of 150 units.