Table 3-C -Refer to Table 3-C

question 227

Multiple Choice

Table 3-C
$$\begin{array} { | c | c | c | } \hline \text { PRICE music downloads } & \begin{array} { c } \text { QUANTITY DEMANDED } \\\text { music downloads }\end{array} & \begin{array} { c } \text { QUANTITY SUPPLIED } \\\text { music downloads }\end{array} \\\hline \text { \$2.00 } & 1,000,000 \text { urits } & 5,500,000 \text { urits } \\\hline 1.80 & 2,000,000 \text { units } & 5,00,000 \text { units } \\\hline 1.60 & 3,000,000 \text { units } & 4,50,000 \text { units } \\\hline 1.40 & 4,000,000 \text { units } & 4,000,000 \text { units } \\\hline 1.20 & 5,000,000 \text { units } & 3,500,000 \text { units } \\\hline 1.00 & 6,000,000 \text { units } & 3,000,000 \text { units } \\\hline 0.80 & 7,000,000 \text { units } & 2,500,000 \text { units } \\\hline 0.65 & 8,000,000 \text { units } & 2,000,000 \text { units } \\\hline 0.40 & 9,000,000 \text { units } & 1,500,000 \text { units } \\\hline 0.20 & 10,000,000 \text { units } & 1,000,000 \text { units } \\\hline\end{array}$$
-Refer to Table 3-C.At $0.40 there is a ____ of ____ downloads.

• A)surplus; 10,500,000
• B)surplus; 7,500,000
• C)shortage; 7,500,000
• D)shortage; 10,500,000
• E)None of the above are correct.

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Definitions:

Nonindustrial Societies

Nonindustrial societies are communities that do not rely heavily on mechanized means of production, instead often depending on subsistence farming or hunter-gatherer methods, preserving traditional ways of life.

Industrial Societies

Societies characterized by a high level of industrialization, where manufacturing and large-scale industries dominate the economy.

Ecosystemic Collapse

A dramatic decline in an ecosystem's structure, function, and diversity, potentially leading to the loss of significant ecological services.

Seafaring Polynesians

Describes the maritime culture of the Polynesian people, known for their long-distance ocean voyaging and navigation skills.