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​Exhibit 3-9 Demand and Supply Curves

Question 102

Multiple Choice

​Exhibit 3-9 Demand and supply curves
​ ​Exhibit 3-9 Demand and supply curves ​ ​ -In Exhibit 3-9, if the market price is $20,​ A) ​this market will be in equilibrium. B) ​a shortage of 27 units will result. C) ​the price is above the equilibrium price. D) ​a surplus of 26 units will result. E) ​a shortage of 26 units will result. ​
-In Exhibit 3-9, if the market price is $20,​


A) ​this market will be in equilibrium.
B) ​a shortage of 27 units will result.
C) ​the price is above the equilibrium price.
D) ​a surplus of 26 units will result.
E) ​a shortage of 26 units will result.

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