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Figure 4-9 -Refer to Figure 4-9.If the Price Is $25,there Would Be

Question 199

Multiple Choice

Figure 4-9
Figure 4-9    -Refer to Figure 4-9.If the price is $25,there would be an A) excess supply of 300 and price would fall. B) excess supply of 200 and price would fall. C) shortage of 200 and price would rise. D) shortage of 300 and price would fall.
-Refer to Figure 4-9.If the price is $25,there would be an


A) excess supply of 300 and price would fall.
B) excess supply of 200 and price would fall.
C) shortage of 200 and price would rise.
D) shortage of 300 and price would fall.

Correct Answer:

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