-In the figure above,a price of $15 per dozen roses results in
A) equilibrium.
B) a shortage.
C) a surplus.
D) downward pressure on the price of roses.
E) an eventual leftward shift of the demand curve and/or rightward shift of the supply curve.

Question

-In the figure above,a price of $15 per dozen roses results in
A) equilibrium. 
B) a shortage. 
C) a surplus. 
D) downward pressure on the price of roses. 
E) an eventual leftward shift of the demand curve and/or rightward shift of the supply curve.

Quizplus · Accepted Answer

The Answer of 
-In the figure above,a price of $15 per dozen roses results in
A) equilibrium. 
B) a shortage. 
C) a surplus. 
D) downward pressure on the price of roses. 
E) an eventual leftward shift of the demand curve and/or rightward shift of the supply curve.

-In the Figure Above,a Price of $15 Per Dozen Roses