Hello:

question?

Here the answer is d, because I have to deduct 40-15=25

Question 7 Table 4-11 Price Quantity Quantity Demanded Supplied $10 10 60 $8 20 45 $6 30 30 $4 40 15 $2 50 0 Refer to Table 4-11. If the price were $4, a Selected Answer: a shortage of 40 units would exist, and price would tend to rise. Answers: a. shortage of 40 units would exist, and price would tend to rise. b. surplus of 25 units would exist, and price would tend to fall. c. surplus of 15 units would exist, and price would tend to fall. d. shortage of 25 units would exist, and price would tend to rise.Question 9 Which of the following would most likely serve as an example of a monopoly? Selected Answer: c. a local cable television company Answers: a, a bank in a large city b. a bakery in a large city c. a local cable television company d. a small group of corn farmers unday, July 12, 2020 9:00:59 PM EDT