The following figure shows the demand and supply curves for USB flash drives at different price levels. D is the demand curve, and S₁ is the initial supply curve.
-Refer to the figure above.When the demand curve for flash drives is D and the supply curve of flash drives is S₁,what is the shortage in the market if the price is $4?
Definitions:
Ascomycota
A phylum of fungi characterized by the formation of spores in a structure known as an ascus.
Basidiomycota
A group of fungi distinguished by their spore production on basidia.
Flagellated Cells
Cells that possess one or more whip-like structures called flagella, used for movement or sensing the environment.
Ascomycota
A phylum within the kingdom Fungi, characterized by the formation of spores in specialized sacs called asci, including many molds, yeasts, and morels.
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