Use the following to answer question 20 Figure The Demand

Last updated: 10/18/2023

Use the following to answer question 20 Figure The Demand and Supply of Wheat Price per bushel 10 9 8 7 C D 654 3 2 1 0 x 2 S 4 6 8 10 12 Quantity of wheat thousands of bushels per period D 20 Figure The Demand and Supply of Wheat Look at the figure The Demand and Su of Wheat If a price of 10 temporarily exists in this market A a shortage of 10 000 bushels will result B a shortage of 8 000 bushels will result a surplus of 8 000 bushels will result a surplus of 4 000 bushels will result