At a market price of $42, there is ____________. a) a shortage b) a surplus c) both
Question:
At a market price of $42, there is ____________.
a) a shortage
b) a surplus
c) both a shortage and a surplus
d) neither a shortage nor a surplus.
Transcribed Image Text:
Price ($) 49 48 47 46 45 44 43 42 41 40 Figure 2 10 20 30 40 50 60 Quantity S J 70 80 90 100
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Ayantika Mandal
Hi! I am Ayantika Mandal. I have completed my masters in Economics from the University Of Calcutta and prior to that, I completed my B.Sc with Economics(Honours) and Mathematics. I have teaching experience of more than 3 years. I love to interact with students and help them to understand the concepts more clearly.
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