39. The above table gives the demand and supply schedules for Blu-ray discs. If the price...

 

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39. The above table gives the demand and supply schedules for Blu-ray discs. If the price of a Blu-ray disc is $8, there is a and the price of a compact disc will O surplus; rise O shortage; rise O shortage; fall O surplus; fall Price (dollars per disc) 4 Price (dollars per disc) Quantity demanded Quantity supplied 36,000 4 4,000 32,000 28,000 24,000 8 8,000 12 12 12,000 16 16 16,000 20 20,000 16,000 12,000 8,000 4,000 20 20,000 24,000 28,000 32,000 36,000 24 24 28 32 28 32 36 36 39. The above table gives the demand and supply schedules for Blu-ray discs. If the price of a Blu-ray disc is $8, there is a and the price of a compact disc will O surplus; rise O shortage; rise O shortage; fall O surplus; fall Price (dollars per disc) 4 Price (dollars per disc) Quantity demanded Quantity supplied 36,000 4 4,000 32,000 28,000 24,000 8 8,000 12 12 12,000 16 16 16,000 20 20,000 16,000 12,000 8,000 4,000 20 20,000 24,000 28,000 32,000 36,000 24 24 28 32 28 32 36 36

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Option 2 is correct Shortagerise E... View the full answer