At a price $13, there is a_of_ units of goods.surplus; 100shortage; 140surplus; 20shortage; 160surplus; 140Price of Good XQuantity DemandedQuantity Supplied$1040060113607012310801323090141301301570110

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Answered: surplus; 100 shortage; 140 surplus; 20…

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Economics

surplus; 100 shortage; 140 surplus; 20 shortage; 160 surplus; 140

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

At a price $13, there is a_of_ units of goods.
surplus; 100
shortage; 140
surplus; 20
shortage; 160
surplus; 140
Price of Good X
Quantity Demanded
Quantity Supplied
$10
400
60
11
360
70
12
310
80
13
230
90
14
130
130
15
70
110

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