Multiple Choice
Use the figure below to answer the following questions.
Figure 3.4.1
-At price P1 in Figure 3.4.1,
A) both sides of the market are able to carry out their desired transactions.
B) producers are unwilling to sell any goods.
C) producers can sell all they plan to sell.
D) consumers can buy all they want.
E) a surplus exists.
Correct Answer:

Verified
Correct Answer:
Verified
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