-Refer to the Above Graph to Answer This Question

question 169

Multiple Choice

-Refer to the above graph to answer this question.What are the implications if the price of this product is $14?

• A)The price would be below equilibrium.
• B)There would be a shortage of 600 units.
• C)There would be a shortage of 1,200 units.
• D)There would be a surplus of 600 units.
• E)There would be a surplus of 1,200 units.

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Definitions:

Observational Method

A research technique where subjects are observed in their natural environment without any manipulation by the researcher.

Quantitative

Referring to research focused on numerical data and statistical analysis to understand patterns and relationships.

Naturalistic Observation

A research method involving the systematic observation of subjects in their natural environment without any intervention by the observer.

Police Ride-Along

A program allowing civilians to accompany police officers in their vehicles to observe law enforcement activities firsthand.