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Use the Table Below to Answer the Following Questions

Question 85

Multiple Choice

Use the table below to answer the following questions.
Price dollars per unit)
Table 3.4.1
Quantity Demanded
Use the table below to answer the following questions. Price dollars per unit) Table 3.4.1 Quantity Demanded Quantity Supplied units) -Refer to Table 3.4.1.A surplus occurs if A) the price is $4 a unit. B) the price is above $4 a unit. C) the price is $1 a unit. D) the price is $2 a unit. E) the price is $3 a unit. Quantity Supplied units)
-Refer to Table 3.4.1.A surplus occurs if


A) the price is $4 a unit.
B) the price is above $4 a unit.
C) the price is $1 a unit.
D) the price is $2 a unit.
E) the price is $3 a unit.

Correct Answer:

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