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Homework answers / question archive / Price $20 18 16 14 12 10 11 4 2 O 10 20 30 40 50 60 70 80 90 100 Quantity Refer to the Figure above
Price $20 18 16 14 12 10 11 4 2 O 10 20 30 40 50 60 70 80 90 100 Quantity Refer to the Figure above. If price in this market is currently $14, there would be A) excess demand of 40 B) excess demand of 20 C) excess supply of 40 D) excess supply of 20
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