Complete Table 3 Quantity Supplied By A) Be in Equilibrium

question 48

Multiple Choice

Complete Table 3.1.Then answer the indicated question. Table 3.1 Individual Demand and Supply Schedules In Table 3.1, if the price is $4, the market will
Quantity Demanded by
$\begin{array}{rccc}\text { Price } & \text { Alejandro } & \text { Ben } & \text { Carl } & \text { Market} \\\hline \$8.00& 8 & 4 & 2 &\_\_\_\\6.00 & 12 & 4 & 4 &\_\_\_\\4.00 & 20 & 4 & 6 &\_\_\_\\2.00 & 22 & 4 & 6&\_\_\_\\\end{array}$ Quantity Supplied by
$\begin{array}{lccc}\text { Price } & \text { Avery } & \text { Brandon } & \text { Cassandra } \\\hline \$ 8.00 & 60 & 4 & 6 &\_\_\_\\\$ 6.00 & 42 & 4 & 4&\_\_\_ \\\$ 4.00 & 24 & 4 & 2 &\_\_\_\\\$ 2.00 & 6 & 4 & 0&\_\_\_\\\end{array}$

• A) Be in equilibrium.
• B) Experience a surplus of 30 units.
• C) Experience a shortage of 22 units.
• D) Experience a surplus of 56 units.

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Definitions:

Chorionic Villus

Tiny, finger-like projections found in the placenta, involved in nutrient exchange between mother and fetus.

Placenta

The structure through which the fetus obtains nourishment during pregnancy; the afterbirth.

Needle

A thin, pointed metal instrument used in sewing, embroidery, or medical injections, capable of puncturing or suturing material.

Third Trimester

The final phase of a pregnancy, lasting from weeks 28 to 40, during which significant fetal growth and maturation occur.