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-The Above Figure Shows the Market for Crude Oil

Question 210

Multiple Choice

  -The above figure shows the market for crude oil.If a consumer group convinces the government to set a maximum price of $2 per barrel,then A) 300 barrels of crude oil will be sold at $2. B) zero barrels of crude oil will be sold. C) zero barrels of crude oil will be demanded. D) None of the above.
-The above figure shows the market for crude oil.If a consumer group convinces the government to set a maximum price of $2 per barrel,then


A) 300 barrels of crude oil will be sold at $2.
B) zero barrels of crude oil will be sold.
C) zero barrels of crude oil will be demanded.
D) None of the above.

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