Use the following table to answer the question below.(1)(2)(3)(4)(5)QdQdPriceQsQs5040$1070806050960708060850609070740501008063040Suppose that market demand is represented by two demanders in columns (1) and (2) and market supply is represented by two suppliers in columns (4) and (5). If the price were artificially set at $9

A. a surplus of 20 units would occur.
B. demand would change from columns (3) and (2) to columns (3) and (1).
C. the market would clear.
D. a shortage of 20 units would occur.


Answer: A

Economics

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