Price Per Unit $51015202530 Quantity Demanded Per Year 2,0001,8001,6001,4001,2001,000 Quantity Supplied Per Year 03006009001,2001,500 Refer to the above table. A surplus of 500 units will occur when the price is
A) $10 per unit. B) $15 per unit. C) $20 per unit. D) $30 per unit.
Correct Answer:
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