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Figure 2.7.1 -Refer to Figure 2.7.1. Which of the Price Levels in Levels

Question 32

Multiple Choice

Figure 2.7.1 -Refer to Figure 2.7.1. Which of the price levels in the figure will result in a shortage? A) P<sub>0</sub> B) P<sub>1</sub> C) P<sub>2</sub> D) Either P<sub>1</sub> or P<sub>2</sub> Figure 2.7.1
-Refer to Figure 2.7.1. Which of the price levels in the figure will result in a shortage?


A) P0
B) P1
C) P2
D) Either P1 or P2

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