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Graph 4-5

Question 150

Multiple Choice

Graph 4-5 Graph 4-5 -Refer to Graph 4-5.According to the graph, at a price of $7: A) a surplus would exist and the price would tend to fall B) a surplus would exist and the price would tend to rise C) a shortage would exist and the price would tend to fall D) the market would be in equilibrium
-Refer to Graph 4-5.According to the graph, at a price of $7:


A) a surplus would exist and the price would tend to fall
B) a surplus would exist and the price would tend to rise
C) a shortage would exist and the price would tend to fall
D) the market would be in equilibrium

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