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Exhibit 14.4. -Refer to Exhibit 14-4. at Which Price Will There Be

Question 7

Multiple Choice

Exhibit 14.4.
Exhibit 14.4. -Refer to Exhibit 14-4. At which price will there be excess supply? A) p<sup>1</sup> B) p<sup>e</sup> C) p<sup>2</sup>
-Refer to Exhibit 14-4. At which price will there be excess supply?


A) p1
B) pe
C) p2

Correct Answer:

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