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WASSCE
The table below shows the supply and demand for kilograms of maize per month in thousands. use the following information in the table to answer the question that follows
If the government fixed the price of maize at $3.00 per thousand kilogram, what will be the excess demand for maize?
| Quantity supplied(000) | Price per thousand Kilogram ($) | Quantity Demanded(000) |
| 16 | 3.00 | 3 |
| 13 | 2.50 | 5 |
| 9 | 2.00 | 9 |
| 6 | 1.50 | 14 |
| 3 | 1.00 | 19 |
| 1 | 0.50 | 26 |
If the government fixed the price of maize at $3.00 per thousand kilogram, what will be the excess demand for maize?
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