Complete Table 3 Quantity Supplied By A) Be in Equilibrium

question 89

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 $2, 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:

Gender Stereotypes

Generalized views or preconceptions about attributes or behaviors typically associated with males or females.

Stereotype

A broadly embraced, though basic and unyielding, view or picture of a particular kind of person or object.

Valuing Diversity

The recognition and appreciation of differences in characteristics such as culture, ethnicity, gender, and beliefs, among individuals and groups.

Age Discrimination

The unfair treatment of individuals based on their age, which can impact employment, opportunities, and access to services.