Equilibrium quantity .

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#86. In the table shown, what would be the result if the price were $8? A. A surplus of 30 units would exist and price would tend to fall.B. A surplus of 60 units would exist and price would tend to rise.C. A surplus of 60 units would exist and price would tend to fall.D. A shortage of 30 units would exist and price would tend to rise. #87. What would result if the price were set at $1.75 A. There would be a shortage of 40 units.B. There would be a surplus of 40 units.C. There would be a surplus of 20 units.D. The market would be in equilibrium. Please provide right answer tutor. GRACIE ^-^

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Chapter 8, Problem 6MC

To determine

Equilibrium quantity.

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#86. In the table shown, what would be the result if the price were $8? A. A surplus of 30 units would exist and price would tend to fall.B. A surplus of 60 units would exist and price would tend to rise.C. A surplus of 60 units would exist and price would tend to fall.D. A shortage of 30 units would exist and price would tend to rise. #87. What would result if the price were set at $1.75 A. There would be a shortage of 40 units.B. There would be a surplus of 40 units.C. There would be a surplus of 20 units.D. The market would be in equilibrium. Please provide right answer tutor. GRACIE ^-^

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