Quantity Demanded Quantity supplied Price Per Unit Per Year Per Year $ 5 2,000 10 1,800 1,600 1,400 1,200 1,000 зее 15 6e0 20 9ee 1,200 1,500 25 30 Refer to the above table. A shortage of 2,000 units will occur when the price Is Multiple Cnolce $5. $10. $25. $20. $30.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Quantity Demanded
Quantity supplied
Price Per Unit
Per Year
Per Year
$ 5
2,000
10
1,800
зее
15
1,600
600
20
1,400
900
25
1,200
1,200
30
1,000
1,500
Refer to the above table. A shortage of 2,000 units will occur when the price is
Multiple Cholce
$5.
$10.
$25.
$20.
$30
Transcribed Image Text:Quantity Demanded Quantity supplied Price Per Unit Per Year Per Year $ 5 2,000 10 1,800 зее 15 1,600 600 20 1,400 900 25 1,200 1,200 30 1,000 1,500 Refer to the above table. A shortage of 2,000 units will occur when the price is Multiple Cholce $5. $10. $25. $20. $30
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