Supply & Demand Schedule for Portable Music Player
Price of Music Player|Quantity Supplied...
Supply & Demand Schedule for Portable Music Player
Price of Music Player|Quantity Supplied of Music Players|Quantity Demand of Player
$50 0 500
$100 50 350
$150 200 200
$200 450 75
$250 600 0
QUESTION: In the supply-and-demand schedule shown above, at the prices of and , there is excess supply because quantity supplied is greater than quantity demanded.
OPTIONS:
A) $50, $100
B) $200, $250
C) $50, $250
Answers: 1
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