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In the Figure Above, a Price of $15 Per Dozen

Question 87

Multiple Choice

In the figure above, a price of $15 per dozen roses results in A) equilibrium. B) an eventual leftward shift of the demand curve and/or rightward shift of the supply curve. C) a shortage. D) downward pressure on the price of roses. E) a surplus. In the figure above, a price of $15 per dozen roses results in


A) equilibrium.
B) an eventual leftward shift of the demand curve and/or rightward shift of the supply curve.
C) a shortage.
D) downward pressure on the price of roses.
E) a surplus.

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