Multiple Choice
FIGURE 5- 3
-Refer to Figure 5- 3. P3 represents a price imposed by the government. The result would be
A) excess supply of Q3Q0.
B) excess demand of Q1Q2.
C) excess supply of Q3Q4.
D) excess demand of Q0Q2.
E) excess demand of Q3Q4.
Correct Answer:
Verified
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