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Figure 3.4.1 Use the Figure Below to Answer the Following Questions

Question 100

Multiple Choice

Figure 3.4.1
Use the figure below to answer the following questions.
Figure 3.4.1 Use the figure below to answer the following questions. -At price P<sub>1</sub> in Figure 3.4.1, A) producers can sell all they plan to sell. B) consumers can buy all they want. C) producers are unwilling to sell any goods. D) a surplus exists. E) both sides of the market are able to carry out their desired transactions.
-At price P1 in Figure 3.4.1,


A) producers can sell all they plan to sell.
B) consumers can buy all they want.
C) producers are unwilling to sell any goods.
D) a surplus exists.
E) both sides of the market are able to carry out their desired transactions.

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