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According to the Graph Shown,if the Price Were $15,a

Question 153

Multiple Choice

  According to the graph shown,if the price were $15,a: A)  shortage would exist, signaling sellers to raise their price. B)  shortage would exist, signaling buyers to leave the market. C)  surplus would exist, signaling sellers to drop their price. D)  surplus would exist, signaling buyers to bid up the price. According to the graph shown,if the price were $15,a:


A) shortage would exist, signaling sellers to raise their price.
B) shortage would exist, signaling buyers to leave the market.
C) surplus would exist, signaling sellers to drop their price.
D) surplus would exist, signaling buyers to bid up the price.

Correct Answer:

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