Complete Table 3 $\quad$ $\quad$ $\quad$ $\quad$

question 135

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
$\quad$ $\quad$ $\quad$ $\quad$ $\quad$$\text {Quantity Demanded by}$

$\begin{array}{cc}\text { Price } & \text { Alejandro } &\text { Ben } & \text { Carl }&\text { Market }\\ \$ 8.00 & 8 & 4 & 2&\underline{\quad\quad} \\6.00 & 12&4 & 4&\underline{\quad\quad} \\4.00 & 20 &4 & 6&\underline{\quad\quad} \\2.00 & 22&4 & 6 &\underline{\quad\quad} \end{array}$ $\quad$ $\quad$ $\quad$$\text { Quantity Supplied by }$
$\begin{array}{lcccc}\text { Price } & \text { Avery } & \text { Brandon } & \text { Cassandra } \\\$8.00 & 60 & 4 & 6 &\underline{\quad\quad} \\\$ 6.00 & 42 & 4 & 4&\underline{\quad\quad} \\\$ 4.00 & 24 & 4 & 2&\underline{\quad\quad} \\\$ 2.00 & 6 & 4 & 0&\underline{\quad\quad} \end{array}$

• 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:

Habituation

A psychological learning process wherein there is a decrease in response to a stimulus after being repeatedly exposed to it.

Dishabituation

The renewal of response or attention to a stimulus after habituation has occurred, typically due to the introduction of a new or changed stimulus.

Metamemory

Knowledge about memory.

General Knowledge

Information on a wide range of subjects that is acquired through education and experience, not specialized in any specific field.