-In the Graph Shown Above at a Price of $25

question 110

Multiple Choice

-In the graph shown above at a price of $25

• A)there is a surplus.
• B)there is a shortage.
• C)quantity demanded is greater than quantity supplied.
• D)there is a shortage and quantity demanded is greater than quantity supplied,but there is not a surplus.
• E)there is a surplus and quantity demanded is greater than quantity supplied,but there is not a shortage.

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Definitions:

Existence

The state or fact of being real or living or of being present.

X

Often used to represent an unknown variable or quantity in mathematical equations and other analytical contexts.

Modern Square

Refers to the contemporary version of the traditional square of opposition, a diagram representing the logical relations between particular kinds of propositions.

Opposition

The relationship between propositions that cannot both be true but can both be false, or the act of resistance or dissent.