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Figure 4-4 -Refer to Figure 4-4. If the Price Is $25, What

Question 35

Multiple Choice

Figure 4-4 Figure 4-4 -Refer to Figure 4-4. If the price is $25, what would happen? A) There would be a surplus of 300 and the price would fall. B) There would be a surplus of 200 and the price would fall. C) There would be a shortage of 200 and the price would rise. D) There would be a shortage of 300 and the price would rise.
-Refer to Figure 4-4. If the price is $25, what would happen?

A) There would be a surplus of 300 and the price would fall.
B) There would be a surplus of 200 and the price would fall.
C) There would be a shortage of 200 and the price would rise.
D) There would be a shortage of 300 and the price would rise.

Correct Answer: