Question

NEED ANSWER A-S-A-P

In the supply-and-demand schedule shown above, at prices of ___ and ___, there is excess demand because quantity demanded is greater than quantity supplied. Answer choices:
A:$50, $75
B:$75, $100
C:$150, $200

Answer 1

The correct answer is C In the supply-and-demand schedule shown above, at prices of 150 and 200, there is excess demand because quantity demanded is greater than quantity supplied.