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From course:

Microeconomic MCQ 1

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Question:

Use the following to answer questions 8-10: In the town of SoccerBorough, the equilibrium price for soccer balls is $12 each and the quantity exchanged at that price is 200 balls. 8.If the price is $10 each, the quantity exchanged in the market of SoccerBrough will be A) more than 200 balls D) about 240 balls B) exactly 200 balls E) zero C) less than 200 balls

Author: Gonza R



Answer:

A) more than 200 balls


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Gonza R
Gonza R