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16. Refer to the above diagram. A surplus would be encountered if price was in t

ID: 1180051 • Letter: 1

Question

16.

Refer to the above diagram. A surplus would be encountered if price was in the following range:

A)  $0.01 - $0.50.    B)  $0.51 - $1.00.    C)  Exactly $1.00.    D)  $1.01 and higher.

            

16.

Refer to the above diagram. A surplus would be encountered if price was in the following range:

A)  $0.01 - $0.50.    B)  $0.51 - $1.00.    C)  Exactly $1.00.    D)  $1.01 and higher.

Refer to the above diagram. A surplus would be encountered if price was in the following range: Refer to the above diagram. A shortage would be encountered if price was in the following range:

Explanation / Answer

D)$1.01 and higher.



A) $0.01 - $0.99.

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