Graph 6-4 
-According to Graph 6-4, when the supply curve shifts from S1 to S2:
A) the new market quantity will be Q₃
B) the new market quantity will be less than Q₃
C) the new market quantity will be greater than Q₃
D) there will be a surplus at the new market price of P₂
Correct Answer:
Verified
Q58: Suppose the equilibrium price of bananas is
Q59: A hot summer's day can lead to
Q60: Graph 6-2 Q61: Graph 6-5 Q62: Minimum wage laws dictate the: Q64: Graph 6-6 Q65: A binding price ceiling causes: Q66: Which of the following is a correct Q67: The justification for the minimum wage is Q68: Graph 6-3 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
![]()
A)average price employers![]()
A)excess supply
B)a shortage
C)a![]()