Question: dollars per unit and quantity panel Dollars per unit is shown on the y-axis $0-$50 and quantity 0-25 on the x-axis. The upward sloping supply
dollars per unit and quantity panel Dollars per unit is shown on the y-axis $0-$50 and quantity 0-25 on the x-axis. The upward sloping supply line runs at a 45 degree angle from 0 to $50 and 0 to 25. The downward sloping demand line runs from $50 at 5 to $10 at 25. At a price of $40, there is a dollars per unit and quantity panel Dollars per unit is shown on the y-axis $0-$50 and quantity 0-25 on the x-axis. The upward sloping supply line runs at a 45 degree angle from 0 to $50 and 0 to 25. The downward sloping demand line runs from $50 at 5 to $10 at 25. At a price of $40, there is a Shortage of 5 units. Surplus of 5 units. Shortage of 10 units. Surplus of 10 units
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