Table 43 -The Table Below Shows the Quantity Supplied and the Quantity

question 89

Multiple Choice

Table 4.3
$$\begin{array} { | c | c | c | } \hline \text { Price (\$) } & \text { Quantity demanded } & \text { Quantity supplied } \\\hline 1.0 & 100 & 10 \\\hline 1.20 & 90 & 30 \\\hline 1.40 & 80 & 50 \\\hline 1.50 & 70 & 70 \\\hline 1.60 & 60 & 90 \\\hline\end{array}$$
-The table below shows the quantity supplied and the quantity demanded of a good at different prices. If the market price of the good is $1.20, there will be a _____.

• A) shortage of 30 units.
• B) surplus of 30 units.
• C) shortage of 60 units.
• D) surplus of 60 units.
• E) surplus of 20 units.

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Definitions:

Basic Domains of Language

Fundamental aspects of linguistic communication including phonology, morphology, syntax, semantics, and pragmatics.

Cognitive Approaches

Psychological frameworks that emphasize the importance of mental processes in understanding behavior, including learning, memory, problem solving, and decision making.

Language Acquisition

The process by which humans gain the ability to perceive, produce, and use words to understand and communicate.

Language Acquisition Device

The Language Acquisition Device (LAD) is a hypothetical module of the human mind posited by Noam Chomsky that is proposed to account for children's innate predisposition for language acquisition.