The figure given below shows the demand curves [D1 and D2] and the supply curve [S1] of capital.Figure 17.1
![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 17.1 -In Figure 17.1, if the demand curve for capital shifts to D<sub>2</sub>, the equilibrium price and quantity of capital are: A) P<sub>1</sub> and Q<sub>1</sub>. B) P<sub>2</sub> and Q<sub>2</sub>. C) P<sub>5</sub> and Q<sub>1</sub>. D) P<sub>3</sub> and Q<sub>3</sub>. E) P<sub>4</sub> and Q<sub>4</sub>.](https://d2lvgg3v3hfg70.cloudfront.net/TB1748/11ea8882_6256_4c4d_8903_87d4e8eb62a5_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00.jpg)
-In Figure 17.1, if the demand curve for capital shifts to D2, the equilibrium price and quantity of capital are:
A) P1 and Q1.
B) P2 and Q2.
C) P5 and Q1.
D) P3 and Q3.
E) P4 and Q4.
Correct Answer:
Verified
Q1: The figure given below shows the demand
Q2: The figure given below shows the demand
Q3: The figure given below shows the demand
Q4: The following figures show the demand (D)
Q5: The figure given below shows the demand
Q7: The following figures show the demand (D)
Q8: The figure given below shows the demand
Q9: The figure given below shows the demand
Q10: The following figures show the demand (D)
Q11: The figure given below shows the demand
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