The Table Given Below Shows the Quantity Supplied and the Quantity

question 55

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 $1.50, then:​ ​
Table 4.1
​

• A)there is a shortage in the market.
• B)there is a surplus in the market.
• C)the market is in equilibrium.
• D)the supply of the good increases by 30 units.
• E)the demand for the good increases by 30 units.

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