The figure given below shows the demand curves [D₁and D₂] and the supply curve [S₁] of capital. Figure 16.1
- In Figure 16.1,if the price set in the market is P₃when the demand curve is D₁,then:

Question

The figure given below shows the demand curves [D₁and D₂] and the supply curve [S₁] of capital. Figure 16.1

The figure given below shows the demand curves [D<sub>1 </sub>and D<sub>2</sub>] and the supply curve [S<sub>1</sub>] of capital. Figure 16.1 - In Figure 16.1,if the price set in the market is P<sub>3 </sub>when the demand curve is D<sub>1</sub>,then: A) the market will be in equilibrium. B) there will be an excess demand for capital of the amount Q<sub>4</sub> - Q<sub>1</sub>. C) there will be a shortage of capital in the market by the amount Q<sub>4</sub> - Q<sub>2</sub>. D) there will be a surplus of capital in the market by the amount Q<sub>3</sub> - Q<sub>1</sub>. E) there will be a surplus of capital in the market by the amount Q<sub>3</sub> - Q<sub>2</sub>.

- In Figure 16.1,if the price set in the market is P₃when the demand curve is D₁,then:

Quizplus · Accepted Answer

The Answer of The figure given below shows the demand curves [D 1 and D 2 ] and the supply curve [S 1 ] of capital. Figure 16.1 - In Figure 16.1,if the price set in the market is P₃when the demand curve is D₁,then:

The Figure Given Below Shows the Demand Curves [D1 and

The Figure Given Below Shows the Demand Curves [D₁and