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MrRissso [65]
2 years ago
8

Based on the data in the table, which of the following

Social Studies
1 answer:
Likurg_2 [28]2 years ago
6 0

Based on the competitive market shown in the graph, the true statement at a price of $20 is D. There is a shortage of 35 units.

<h3>What does the graph show?</h3>

The graph shows the various demand and supply quantities for a good or service in a competitive market.

At a price of $20, we can see that the supply is a quantity of 25 and the demand is at a quantity of 60.

This means that there is a shortage and that shortage is:

= 60 - 25

= 35 units

In conclusion, the shortage is 35 units.

Find out more on shortage at brainly.com/question/1451952

#SPJ1

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