Refer to the given table. Suppose the columns in this table reflect demand and supply. At a price of $30:Price Per UnitColumn A Units Per YearColumn B Units Per Year$2010040$309550$408060$506570$605080 

A. the market will be in equilibrium.
B. there will be an excess demand of 95 units.
C. there will be an excess demand of 45 units.
D. there will be an excess supply of 45 units.


Answer: C

Economics

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