-At Price P 1 in Figure 4-21, What Will Tend to Happen

The Answer of -At Price P 1 in Figure 4-21, What Will Tend to Happen

-At Price P 1 in Figure 4-21, What Will Tend to Happen

The Answer of -At Price P 1 in Figure 4-21, What Will Tend to Happen

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-At Price P₁ in Figure 4-21, What Will Tend to Happen

Question 288

Multiple Choice

-At price P<sub>1</sub> in Figure 4-21, what will tend to happen? A) There will be a shortage, and the price will fall. B) There will be a shortage, and the price will rise. C) There will be a surplus, and the price will rise. D) There will be a surplus, and the price will fall. E) Equilibrium will occur in the market.
-At price P₁ in Figure 4-21, what will tend to happen?

A) There will be a shortage, and the price will fall.
B) There will be a shortage, and the price will rise.
C) There will be a surplus, and the price will rise.
D) There will be a surplus, and the price will fall.
E) Equilibrium will occur in the market.

-At Price P1 in Figure 4-21, What Will Tend to Happen

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-At Price P₁ in Figure 4-21, What Will Tend to Happen

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