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Home Q & A Board Other Fields Homework Help Business Economics
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katiemarie katiemarie
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A year ago
The following table shows the market demand schedule and supply schedule for notebooks.

Price ($ per unit)Quantity Demanded (units)Quantity Supplied (units)
1204
2166
31410
41212
51014
6717
7420
8222
9125


Refer to the table above. What is the shortage in the market when the price of a notebook is $3?

▸ 10 units

▸ 16 units

▸ 20 units

▸ 4 units
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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Ms T.Ms T.
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A year ago
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katiemarie Author
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A year ago
Helped a lot
Lawson1981
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Yesterday
Just got PERFECT on my quiz
54321abs
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2 hours ago
Thanks
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