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    Macroeconomics
  4. Exam
    Exam 3: Demand, supply, and Price
  5. Question
    FIGURE 3-5 Refer to Figure 3-5
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FIGURE 3-5 Refer to Figure 3-5

Question 31

Question 31

Multiple Choice

  FIGURE 3-5 Refer to Figure 3-5.A price at which there would be a surplus in this market is A) P<sub>1</sub>. B) P<sub>2</sub>. C) P<sub>3</sub>. D) both P<sub>1</sub> and P<sub>2</sub>. E) both P<sub>1</sub> and P<sub>3</sub>. FIGURE 3-5 Refer to Figure 3-5.A price at which there would be a surplus in this market is


A) P1.
B) P2.
C) P3.
D) both P1 and P2.
E) both P1 and P3.

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