Multiple Choice
Table 3-4

-According to Table 3-4,at a price of $16 per CD,there is
A) an equilibrium.
B) a shortage of 3,000 CDs.
C) an excess demand of 3,000 CDs.
D) an excess supply of 3,000 CDs.
Correct Answer:

Verified
Correct Answer:
Verified
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