Refer to the diagram. a price of $60 in this market will result in

Refer to the diagram below. A price of $60 in this market will result in: Supply S60 40 1 Price 1 1 - 20 Demand 50 100 150 200 Quantity a shortage of 50 units. ОООО a surplus of 50 units a shortage of 100 units a surplus of 100 units research the drawing below. An expense of $60 within marketplace can cause: offer S60 40 1 price 1 1 – 20 need 50 100 150 200 quantity a shortage of 50 products. ОООО a surplus of 50 products a shortage of 100 products a surplus of 100 products

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