Refer to Figure 4-8. If price in this market is currently S14, there would be a
A shortage of 20 units and the few of demand products that the price will rise from $1410 a higher price.
B. excess supply of 20 units and the taw of supply and demand products that the price will fall from 914 to 8 lower price:
C. shortage of 40 units and the law of supply products that the price will fall from $1s to a lower price
D. surplus of 40 units and the low of supply and demand predicts that the price will fall from S14 to a lower price