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:

Trespass

An unlawful act of entering or encroaching upon someone else's property without permission, which can lead to legal action.

Trespass To Land

A legal concept referring to the unauthorized entry onto someone else's property, which can lead to civil liability.

Unauthorized Entry

Accessing a place or a system without permission or legal right.

Tort Against Property

Legal wrongs committed against someone's property, which can include damage, unauthorized use, or interference.