MC Qu. 03-301 (Algo) Refer to the above table...

Price Per Unit	Quantity Demanded Per Year	Quantity Supplied Per Year
$ 5	2,000	0
10	1,800	300
15	1,600	600
20	1,400	900
25	1,200	1,200
30	1,000	1,500

Refer to the above table. A surplus of 500 units will occur when the price is

Multiple Choice

• $20.
• $25.
• $15.
• $10.
• $30.