Question
Complete the table below: Instructions: Enter all amounts as positive numbers. If in equilibrium enter amount...
Complete the table below:
Instructions: Enter all amounts as positive numbers. If in equilibrium enter amount as 0.
| Market Demand | Price | Market Supply | (Shortage/Surplus/Equilibrium) | Amount of Shortage or Surplus |
| 50 | $0 | 10 |
| 40 | $5 | 40 |
| 30 | $10 | 80 |
| 20 | $15 | 100 |
| 10 | $20 | 120 |
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Answer #1
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