-Refer to the Information Above to Answer This Question

question 47

Multiple Choice

-Refer to the information above to answer this question.All of the following statements except one are correct.Which is the exception?

• A)The equilibrium price and quantity are $9 and 60.
• B)At a price of $7,there is a surplus of 40.
• C)At a price of $10,there is a surplus of 20.
• D)At a price of $8,there is a shortage of 20.

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Definitions:

Measurable Facts

Information or data that can be quantified or verified through measurement.

Untestable Explanations

Theories or hypotheses that cannot be empirically tested or verified through observation or experiment.

Spiritual Forces

Entities or energies believed to be beyond the physical world, often associated with religious or metaphysical beliefs.

Objectivity

The quality of being unbiased, unprejudiced, and impartial; dealing with facts without allowing personal feelings to influence them.