For questions 14 through 16, refer to the graph below. This graph illustrates the supply and demand for \"good Z.\"
14. In this market there would be at a price of $20.00.
A. excess demand
B. excess supply
C. both excess demand and excess supply
D. neither excess demand nor excess supply
15. Focusing on the 2,000$^{th}$ unit, the buyer of this unit has a reservation price
A. exactly equal to $10.00
B. greater than $17.75 but less than $27.75
C. exactly equal to $27.75
D. greater than $27.75 but less than $45.20
16. Imposing a per unit tax of $10 on buyers in this market would generate tax revenue of
A. exactly $36,000
B. more than $36,000 but less than $69,000
C. exactly $69,000
D. more than $69,000 but less than $102,000