The Table Given Below Shows the Quantity Supplied and the Quantity

question 100

Multiple Choice

The table given below shows the quantity supplied and the quantity demanded for a good at different prices.If the price of the good described in the table given below is $1.60,then there is a: Table 4.1
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• A)shortage of 30 units.
• B)surplus of 30 units.
• C)shortage of 20 units.
• D)surplus of 20 units.
• E)surplus of 10 units.

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Definitions:

Informational

Pertaining to or providing information.

Direct Request

A straightforward ask for a specific action or information without additional persuasion tactics.

Compliance

The act of conforming to rules, standards, or requests, often simply to fit in with a group or meet external expectations.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms, policies, or societal expectations.