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Figure 4.2.1 Market Demand and Supply for Pet Rocks

Question 52

Multiple Choice

Figure 4.2.1
Market Demand and Supply for Pet Rocks
Figure 4.2.1 Market Demand and Supply for Pet Rocks -Look at Figure 4.2.1. At a price of $3, A) the market is in equilibrium. B) there is a surplus of 180. C) there is a shortage of 180. D) there is pressure for the price to fall. E) inventories increase by 180.
-Look at Figure 4.2.1. At a price of $3,


A) the market is in equilibrium.
B) there is a surplus of 180.
C) there is a shortage of 180.
D) there is pressure for the price to fall.
E) inventories increase by 180.

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