Figure 6-4 -Refer to Figure 6-4.Which of the Following Statements Is Not

question 133

Multiple Choice

Figure 6-4
-Refer to Figure 6-4.Which of the following statements is not correct?

• A)When the price is $10,quantity supplied equals quantity demanded.
• B)When the price is $6,there is a surplus of 8 units.
• C)When the price is $12,there is a surplus of 4 units.
• D)When the price is $16,quantity supplied exceeds quantity demanded by 12 units.

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