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cenario 2.1: The demand for books is: Qd = 120 - P The supply of books is: Qs = 5P Refer to Scenario 2.1. If

cenario 2.1: The demand for books is: Qd = 120 - P The supply of books is: Qs = 5P Refer to Scenario 2.1. If p=25 which of the following is true? A) Quantity supplied is greater than quantity demanded. B) There is a shortage. C) Quantity supplied equals quantity demanded. D) Quantity supplied is less than quantity demanded

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