Figure 4-2 -Refer to the Figure 4-2.What Would Happen at a Price

question 311

Multiple Choice

Figure 4-2

-Refer to the Figure 4-2.What would happen at a price of $35

• A)There would be a shortage of 400 units.
• B)There would be a shortage of 200 units.
• C)There would be a surplus of 200 units.
• D)There would be a surplus of 400 units.

---

Definitions:

Militia Strength

The capability and power of a militia, which is a military force composed of ordinary citizens to provide defense, emergency law enforcement, or paramilitary service.

Shays's Rebellion

An armed uprising in 1786-1787 by American farmers against state and local enforcement of tax collections and judgments for debt.

Foreclosing

The legal process by which a lender takes possession of a property due to the borrower's failure to make mortgage payments.

Debt-ridden Farmers

Agricultural workers who carry a significant amount of debt, often due to loans for land, equipment, or seeds.