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Refer to the above diagram. A shortage of 160 units would be encountered if price was: A) $1.10, that is, $1.60 minus $.50. B) $1.60.

Refer to the above diagram. A shortage of 160 units would be encountered if price was:

A) $1.10, that is, $1.60 minus $.50.

B) $1.60.

C) $1.00.

D) $.50.

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