Question: Question 6 ( 1 point ) The table below gives the quantities supplied and demanded at various prices. Which of the following is true?
Question point
The table below gives the quantities supplied and demanded at various prices. Which of the following is true?
tablePriceQ supplied,Q demanded,
A price ceiling of $ is binding
At a price of $ there will be a shortage
A price floor of $ will lead to a surplus
The equilibrium price is $
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