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$5 S 4 3 Price (per bushel) B D 0 2 16 18 20 4 6 8 10 12 14 Bushels of Corn (thousands per
$5 S 4 3 Price (per bushel) B D 0 2 16 18 20 4 6 8 10 12 14 Bushels of Corn (thousands per week) Refer to the above diagram of the market for corn. If the price in this market is $3 per bushel, then there will be Multiple Choice equilibrium in the market. Refer to the above diagram of the market for corn. If the price in this market is $3 per bushel, then there will be Multiple Choice equilibrium in the market. a shortage of 8 thousand bushels. a surplus of 8 thousand bushels. a surplus of 4 thousand bushels
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