Question: Price Quantity Supplied Quantity Demanded $3 30 75 $4 40 70 $5 50 65 $6 60 60 $7 70 55 $8 80 50 There is

Price Quantity Supplied Quantity Demanded $3 30 75 $4 40 70

Price Quantity Supplied Quantity Demanded $3 30 75 $4 40 70 $5 50 65 $6 60 60 $7 70 55 $8 80 50 There is a shortage of 45 units when the price equals a. $7 b. $4 c. $6 d. $3

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