-The above figure shows the market for apples. If a consumer group convinces the government to set a maximum price of $2 per pound, then
A)300 pounds of apples will be sold at $2.
B)no apples will be supplied.
C)no apples will be demanded.
D)there will be a shortage of 100 pounds of apples.

Question

-The above figure shows the market for apples. If a consumer group convinces the government to set a maximum price of $2 per pound, then
A)300 pounds of apples will be sold at $2. 
B)no apples will be supplied. 
C)no apples will be demanded. 
D)there will be a shortage of 100 pounds of apples.

Quizplus · Accepted Answer

The Answer of 
-The above figure shows the market for apples. If a consumer group convinces the government to set a maximum price of $2 per pound, then
A)300 pounds of apples will be sold at $2. 
B)no apples will be supplied. 
C)no apples will be demanded. 
D)there will be a shortage of 100 pounds of apples.

-The Above Figure Shows the Market for Apples