The Table Given Below Shows the Quantity Supplied and the Quantity

question 87

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
​

• 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.

---

Definitions:

Obedience Study

A research experiment that investigates the extent to which individuals comply with orders from an authority figure, often associated with Stanley Milgram's experiments.

Stanley Milgram

An American social psychologist best known for his controversial experiment on obedience to authority conducted in the 1960s.

Critics

Individuals who evaluate or analyze works of art, literature, or performances, often providing insights or judgments.

Predictions

Statements or claims made about the future based on current evidence or past experiences.