Question: Supply & Demand Problem Oil Market: Quantity Quantity Surplus/ Demanded Price Supplied Shortage 2,800 $ 50 1,200 2,300 A 100 1,500 1,800 150 1,800 1,300

 Supply & Demand Problem Oil Market: Quantity Quantity Surplus/ Demanded Price

Supply & Demand Problem Oil Market: Quantity Quantity Surplus/ Demanded Price Supplied Shortage 2,800 $ 50 1,200 2,300 A 100 1,500 1,800 150 1,800 1,300 200 2,100 800 250 2,400 A. Complete the table above. Indicate the amount of shortage or surplus for each price level. Label each surplus or shortage

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