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FIGURE 3-3 -Refer to Figure 3-3.At a Price of P1 There Would

Question 113

Multiple Choice

FIGURE 3-3 -Refer to Figure 3-3.At a price of P<sub>1</sub> there would be excess demand equal to A) Q<sub>1</sub>Q<sub>5</sub>. B) Q<sub>2</sub>Q<sub>4</sub>. C) Q<sub>1</sub>Q<sub>2</sub>. D) Q<sub>4</sub>Q<sub>5</sub>. E) There is no excess demand at P<sub>1</sub>. FIGURE 3-3
-Refer to Figure 3-3.At a price of P1 there would be excess demand equal to


A) Q1Q5.
B) Q2Q4.
C) Q1Q2.
D) Q4Q5.
E) There is no excess demand at P1.

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