The figure below show the demand and supply functions for a product. Decide which line shows the supply function and which line the demand function.
Is there a surplus or shortage when the price is $33?

A)There is a surplus.
B)There is a shortage.

Question

The figure below show the demand and supply functions for a product. Decide which line shows the supply function and which line the demand function. ​  ​
Is there a surplus or shortage when the price is $33?
​
A)There is a surplus. 
B)There is a shortage.

Quizplus · Accepted Answer

The Answer of The figure below show the demand and supply functions for a product. Decide which line shows the supply function and which line the demand function. ​  ​
Is there a surplus or shortage when the price is $33?
​
A)There is a surplus. 
B)There is a shortage.

The Figure Below Show the Demand and Supply Functions for a Product