Quantity of Earbuds Quantity of Earbuds Price Demanded per Earbud Supplied per Month 9000 Month per 500 $20 18 1000 6000 16 1500 4500 14 2000 3500 12 2500 2500 10 3000 1500 3500 800 4000 100 According to the above table, at a price of $16 per earbud, there is a shortage of 1500 earbuds. a shortage of 3000 earbuds. a surplus of 3000 earbuds. an equilibrium.
Quantity of Earbuds Quantity of Earbuds Price Demanded per Earbud Supplied per Month 9000 Month per 500 $20 18 1000 6000 16 1500 4500 14 2000 3500 12 2500 2500 10 3000 1500 3500 800 4000 100 According to the above table, at a price of $16 per earbud, there is a shortage of 1500 earbuds. a shortage of 3000 earbuds. a surplus of 3000 earbuds. an equilibrium.
Chapter1: Financial Statements And Business Decisions
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