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orangeelk45Lv1
6 Oct 2020
See the following table to answer questions about the demand and supply of DVDs.
![](https://s3.amazonaws.com/prealliance-textbook-qa.oneclass.com/qa_images/homework_help/question/qa_images/813175106334340/question/0.jpeg?img=173a9edb5187e9a3744e142f788c83ae)
A) What is the equilibrium price per DVD?
B) At a price of $12 per DVD:
a. A surplus of 70 DVDs occurs
b. Equilibrium in the market for DVDs is reached
c. A shortage of 50 DVDs occurs
d. A shortage of 20 DVDs occurs
e. A surplus of 20 DVDs occurs
See the following table to answer questions about the demand and supply of DVDs.
A) What is the equilibrium price per DVD?
B) At a price of $12 per DVD:
a. A surplus of 70 DVDs occurs
b. Equilibrium in the market for DVDs is reached
c. A shortage of 50 DVDs occurs
d. A shortage of 20 DVDs occurs
e. A surplus of 20 DVDs occurs
Joshua StredderLv10
3 Nov 2020