Table 4-2 -Refer to Table 4-2. If the Price Were $2, What

question 55

Multiple Choice

Table 4-2

-Refer to Table 4-2. If the price were $2, what would happen?

• A)A shortage of 25 units would exist and the price would tend to fall.
• B)A surplus of 50 units would exist and the price would tend to rise.
• C)A surplus of 25 units would exist and the price would tend to fall.
• D)A shortage of 50 units would exist and the price would tend to rise.

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Important Messages

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