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-Using the Data in the Table Above,if the Price of a Stapler

question 78

Multiple Choice

  -Using the data in the table above,if the price of a stapler is $5,then there is a ________ of staplers and the quantity of staplers demanded ________ the quantity of staplers supplied. A)  surplus; is greater than B)  surplus; is less than C)  shortage; is greater than D)  shortage; is less than E)  neither a surplus nor a shortage; equals
-Using the data in the table above,if the price of a stapler is $5,then there is a ________ of staplers and the quantity of staplers demanded ________ the quantity of staplers supplied.


Definitions:

Loyalists

Colonists in America who remained loyal to the British Crown before and during the American Revolutionary War, opposing the revolution.

Independence

The state of being self-governing and autonomous, free from external control.

British Monarchy

The constitutional monarchy ruling over the United Kingdom and its overseas territories, with a history that stretches back over a thousand years.

Articles of Confederation

The first constitution of the United States, ratified in 1781, which created a loose confederation of sovereign states and a weak central government.

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