$\text { Figure } 3-10$ -In the Supply and Demand for Socks Schedules in Figure

question 45

Multiple Choice

$\text { Figure } 3-10$$$\begin{array} { | c c c | } \hline \begin{array} { c } \text { Price } \\\text { Per Pair }\end{array} & \begin{array} { c } \text { Quantity } \\\text { Demanded }\end{array} & \begin{array} { c } \text { Quantity } \\\text { Supplied }\end{array} \\\hline \$ 2 & 18 & 3 \\\$ 4 & 14 & 4 \\\$ 6 & 10 & 5 \\\$ 8 & 6 & 6 \\\$ 10 & 2 & 8 \\\hline\end{array}$$
-In the supply and demand for socks schedules in Figure 3-10,a price of $4 per pair results in

• A) equilibrium
• B) excess supply of 10 pairs
• C) excess demand of 5 pairs
• D) excess demand of 13 pairs
• E) excess demand of 10 pairs

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Definitions:

Quarries

Open-pit mining operations where stone, limestone, marble, or other materials are excavated for building and decorative uses.

Mudcracks

Cracks in clay-rich soil or sediment that occur as it dries, typically indicating past water presence.

Bedding

The formation of parallel layers of sediment as they accumulate over time, indicating successive periods of deposition.

Sedimentary Rocks

Rocks formed by the accumulation and compression of mineral and organic particles over time, often found in layers.