Question: ( Figure: The Apple TV Rental Market ) Use Figure: The Apple TV Rental Market. At a rental price of $ 3 , there will

(Figure: The Apple TV Rental Market) Use Figure: The Apple TV Rental Market. At a rental price of $3, there will be:
equilibrium in the market for Apple TV rentals.
an increase in demand.
an excess supply of 40 Apple TV rentals.
a shortage of 40 Apple TV rentals.
( Figure: The Apple TV Rental Market ) Use

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