In Figure 4-18, There Would Be a Shortage of T-Shirts

question 43

Multiple Choice

In Figure 4-18, there would be a shortage of T-shirts if the price were

• A)$10 and the market price will rise.
• B)$8 and the market will tend toward equilibrium.
• C)below $8 and the shortage persists.
• D)between $8 and $6 and the shortage will get larger.

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