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The following table shows the market demand schedule and supply schedule for notebooks. Price ($ per unit) Quantity Demanded (units) Quantity Supplied (units) 1 20
The following table shows the market demand schedule and supply schedule for notebooks. Price ($ per unit) Quantity Demanded (units) Quantity Supplied (units) 1 20 4 2 16 6 3 14 10 4 12 12 5 10 14 6 7 17 7 4 20 8 2 22 9 1 25 Refer to the table above. What is the surplus in the market when the price of a notebook is $9? Part 2 A. 24 units B. 26 units C. 20 units D. 16 units What is the surplus in the market when the price of a notebook is $9
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