Refer to the graph shown. If the government imposed a price ceiling of $4, the quantity purchased by consumers in this market would:
A) decline from 6 to 4.
B) decline from 4 to 2.
C) increase from 2 to 4.
D) increase from 4 to 6.

Question

Refer to the graph shown. If the government imposed a price ceiling of $4, the quantity purchased by consumers in this market would: 
A) decline from 6 to 4. 
B) decline from 4 to 2. 
C) increase from 2 to 4. 
D) increase from 4 to 6.

Quizplus · Accepted Answer

The Answer of Refer to the graph shown. If the government imposed a price ceiling of $4, the quantity purchased by consumers in this market would: 
A) decline from 6 to 4. 
B) decline from 4 to 2. 
C) increase from 2 to 4. 
D) increase from 4 to 6.

Refer to the Graph Shown