Refer to the above table. At a price of $15 per unit, which of the following would exist? Price Per Unit Quantity Demanded Per Year Quantity Supplied Per Year $ 5 2,000 0 10 1,800 300 15 1,600 600 20 1,400 900 25 1,200 1,200 30 1,000 1,500 Refer to the above table. At a price of $15 per unit, which of the following would exist? a surplus of 600 units a surplus of 1,000 units a shortage of 1,600 units a shortage of 1,000 units

Question

04-06-2022
Advanced Placement (AP)

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Refer to the above table. At a price of $15 per unit, which of the following would exist? Price Per Unit Quantity Demanded Per Year Quantity Supplied Per Year $ 5 2,000 0 10 1,800 300 15 1,600 600 20 1,400 900 25 1,200 1,200 30 1,000 1,500 Refer to the above table. At a price of $15 per unit, which of the following would exist? a surplus of 600 units a surplus of 1,000 units a shortage of 1,600 units a shortage of 1,000 units

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