Recent Posts • Latest Topics • Unanswered Questions

The following table shows the market demand schedule and supply schedule for notebooks. Price ($ per ...

courtneyjuma

wrote...

Go to Answer

Posts: 127

Rep:

A year ago

The following table shows the market demand schedule and supply schedule for notebooks. Price ($ per ...

The following table shows the market demand schedule and supply schedule for notebooks.

Price ($ per unit)	Quantity Demanded (units)	Quantity Supplied (units)
1	20	4
2	16	6
3	14	10
4	12	12
5	10	14
6	7	17
7	4	20
8	2	22
9	1	25

Refer to the table above. Which of the following statements is TRUE?

▸ There is a surplus of 4 notebooks in the market when the price of one notebook is $5.

▸ There is a shortage of 12 notebooks in the market when the price of one notebook is $4.

▸ There is a surplus of 10 notebooks in the market when the price of one notebook is $8.

▸ There is a shortage of 4 notebooks in the market when the price of one notebook is $6.

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 45 times

1 Reply

Report

Replies

Answer verified by a subject expert

egidrarc

wrote...

Posts: 144

Rep:

A year ago

More solutions for this book are available here

Report

Related Topics

courtneyjuma Author

wrote...

A year ago

Brilliant ツ

jamiebonf99

wrote...

Yesterday

I appreciate what you did here, answered it right Smiling Face with Open Mouth

einstein

wrote...

2 hours ago

This calls for a celebration Person Raising Both Hands in Celebration

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1322 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

100

309

268

Your Opinion

Previous poll results: Who's your favorite biologist?

Strange Ingredients Lurking in Doritos Chips

The Toxic Skin and Fungi Defense

Bonobos, Chimpanzees, and the 98% DNA Link

It's sore throat season, why does my mucus have red spots?

Courses by Biology Forums

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.