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Kss612 Kss612
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A year ago
The supply and demand schedules for dozens of roses are given below:

PriceQuantity Supplied
per period
Quantity Demanded per period
$10200500
$20300450
$30400400
$40500350
$50600300

TABLE 3-1

Refer to Table 3-1. At a price of ________ there would be an excess ________ of 300 dozen roses.

▸ $50; demand

▸ $30; supply

▸ $10; demand

▸ $50; supply

▸ both C and D are correct
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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chelzchelz
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A year ago
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