$\text { Figure } 3-10$ -In the Supply and Demand for Socks Schedules in Figure

question 45

Multiple Choice

$\text { Figure } 3-10$$$\begin{array} { | c c c | } \hline \begin{array} { c } \text { Price } \\\text { Per Pair }\end{array} & \begin{array} { c } \text { Quantity } \\\text { Demanded }\end{array} & \begin{array} { c } \text { Quantity } \\\text { Supplied }\end{array} \\\hline \$ 2 & 18 & 3 \\\$ 4 & 14 & 4 \\\$ 6 & 10 & 5 \\\$ 8 & 6 & 6 \\\$ 10 & 2 & 8 \\\hline\end{array}$$
-In the supply and demand for socks schedules in Figure 3-10,a price of $4 per pair results in

• A) equilibrium
• B) excess supply of 10 pairs
• C) excess demand of 5 pairs
• D) excess demand of 13 pairs
• E) excess demand of 10 pairs

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