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In the Figure Above, a Price of $35 Per Dozen

Question 64

Multiple Choice

In the figure above, a price of $35 per dozen roses results in A) an eventual rightward shift of the demand curve and/or leftward shift of the supply curve. B) a shortage. C) upward pressure on the price of roses. D) equilibrium. E) a surplus. In the figure above, a price of $35 per dozen roses results in


A) an eventual rightward shift of the demand curve and/or leftward shift of the supply curve.
B) a shortage.
C) upward pressure on the price of roses.
D) equilibrium.
E) a surplus.

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