Question: Price ($) Quantity demanded Quantity supplied 1.0 100 10 1.20 90 30 1.40 80 50 1.50 70 70 1.60 60 90 The table given below

 Price ($) Quantity demanded Quantity supplied 1.0 100 10 1.20 90

Price ($) Quantity demanded Quantity supplied 1.0 100 10 1.20 90 30 1.40 80 50 1.50 70 70 1.60 60 90 The table given below shows the quantity supplied and the quantity demanded of a good at different prices. If the price of the good is $1.40, there is a O a. shortage of 20 units O b. surplus of 30 units O c. surplus of 10 units O d. surplus of 20 units O e. shortage of 30 units

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