Solve these 3 questions...8-10

QUESTION S A market supply curve shows O a. the total quantity supplied at all possible prices O b. suppliers' responses, in terms of the amounts they will supply, to the demands of buyers. O C. the average quantity supplied by producers at all possible prices. O d how quantity supplied changes when consumer income changes. QUESTION S A market demand curve shows O a. the sum of all prices that individual buyers are willing and able to pay for each possible quantity of the good. O b. the relationship between price and the number of buyers in a market. O c. how much of a good all buyers are willing and able to buy at each possible price. O d how quantity demanded changes when the number of sellers changes. QUESTION 10 A shortage exists in a market if O a. there is an excess supply of the good. O b. quantity supplied exceeds quantity demanded. O t. the current price is below its equilibrium price. O d. All of the above are correct