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a If the price is $25, there would be and the amount exchanged in the market would be OA. surplus of 300 units; 500 units OB. shortage of 300 units; 400 units OC. surplus of 100 units; 200 units OD. shortage of 200 units; 600 units Price $25.00 20.00 15.00 10.00 200 400 500 600 700 800 D Quantil

a If the price is $25, there would be and the amount exchanged in the market would be OA. surplus of 300 units; 500 units OB. shortage of 300 units; 400 units OC. surplus of 100 units; 200 units OD. shortage of 200 units; 600 units Price $25.00 20.00 15.00 10.00 200 400 500 600 700 800 D Quantil

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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If the price is $25, there would be and the amount exchanged a in the market would be O A. surplus of 300 units; 500 units O B. shortage of 300 units; 400 units OC. surplus of 100 units; 200 units O D. shortage of 200 units; 600 units Price $25.00 20.00 15.00 10.00 200 400 500 600 700 800 S D Quantil
Transcribed Image Text:If the price is $25, there would be and the amount exchanged a in the market would be O A. surplus of 300 units; 500 units O B. shortage of 300 units; 400 units OC. surplus of 100 units; 200 units O D. shortage of 200 units; 600 units Price $25.00 20.00 15.00 10.00 200 400 500 600 700 800 S D Quantil
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