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-The Above Figure Shows the Market for Apples

Question 104

Multiple Choice

  -The above figure shows the market for apples.If apple farmers convince the government to set a minimum price of $4 per pound,then A)  100 pounds of apples will be sold at $4. B)  no apples will be supplied. C)  no apples will be demanded. D)  None of the above.
-The above figure shows the market for apples.If apple farmers convince the government to set a minimum price of $4 per pound,then


A) 100 pounds of apples will be sold at $4.
B) no apples will be supplied.
C) no apples will be demanded.
D) None of the above.

Correct Answer:

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