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Figure 2.2 -In Figure 2.2, a Price of

Question 102

Multiple Choice
Figure 2.2
 
-In Figure 2.2, a price of

Figure 2.2
Figure 2.2    -In Figure 2.2, a price of A)  M would cause a surplus of BE quantity. B)  M would cause a shortage of BE quantity. C)  N would cause a shortage of BE quantity. D)  0 would bring about an equilibrium solution. E)  L would cause a shortage of BC quantity.
-In Figure 2.2, a price of


A) M would cause a surplus of BE quantity.
B) M would cause a shortage of BE quantity.
C) N would cause a shortage of BE quantity.
D) 0 would bring about an equilibrium solution.
E) L would cause a shortage of BC quantity.

Correct Answer:

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