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Question 27

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Use the following to answer questions:
Figure: Chocolate Use the following to answer questions: Figure: Chocolate -(Figure: Chocolate) If the price in the diagram is $5, what will happen? A) The price will increase because of a shortage. B) The price will decrease because of a shortage. C) The price will increase because of a surplus. D) The price will decrease because of a surplus.
-(Figure: Chocolate) If the price in the diagram is $5, what will happen?


A) The price will increase because of a shortage.
B) The price will decrease because of a shortage.
C) The price will increase because of a surplus.
D) The price will decrease because of a surplus.

Correct Answer:

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