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Refer to the Diagram

Question 178

Multiple Choice

Refer to the diagram.A price of $2.00 in this market will result in: Refer to the diagram.A price of $2.00 in this market will result in: A) a shortage of 10 million gallons of milk per week. B) a surplus of 8 million gallons of milk per week. C) a surplus of 10 million gallons of milk per week. D) a shortage of 8 million gallons of milk per week.


A) a shortage of 10 million gallons of milk per week.
B) a surplus of 8 million gallons of milk per week.
C) a surplus of 10 million gallons of milk per week.
D) a shortage of 8 million gallons of milk per week.

Correct Answer:

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