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Refer to the Graph Shown

Question 59

Multiple Choice

Refer to the graph shown. A quantity restriction of QR will: Refer to the graph shown. A quantity restriction of Q<sub>R</sub> will: A) reduce quantity supplied to Q<sub>2</sub>. B) reduce quantity supplied to Q<sub>R</sub>. C) have no effect on quantity supplied. D) create excess demand represented by Q<sub>2</sub> − Q<sub>R</sub>.


A) reduce quantity supplied to Q2.
B) reduce quantity supplied to QR.
C) have no effect on quantity supplied.
D) create excess demand represented by Q2 − QR.

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