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(Figure: Market for Magazines I) the Supply Equation in the Adult

Question 20

Multiple Choice

(Figure: Market for Magazines I) The supply equation in the adult magazine market is given by QS = 2P - 4, where P is the price per magazine and Q measures the number of magazines in thousands. Which supply curve reflects a government quota of 6,000 magazines? (Figure: Market for Magazines I)  The supply equation in the adult magazine market is given by Q<sup>S</sup> = 2P - 4, where P is the price per magazine and Q measures the number of magazines in thousands. Which supply curve reflects a government quota of 6,000 magazines?   A)  Panel (a)  B)  Panel (b)  C)  Panel (c)  D)  Panel (d)


A) Panel (a)
B) Panel (b)
C) Panel (c)
D) Panel (d)

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