Refer to the diagram. A price of $20 in this market will result in a:





A. shortage of 50 units.

B. surplus of 50 units.

C. surplus of 100 units.

D. shortage of 100 units.

D. shortage of 100 units.

Economics

You might also like to view...

Game theory is the study of ________

A) policy analysis B) strategic interactions C) program evaluation D) irrational decision making

Economics

When did the Republic of Korea change its economic policies?

What will be an ideal response?

Economics