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Exhibit 5-1 -Refer to Exhibit 5-1, Which Shows Supply and Demand for Supply

Question 18

Multiple Choice

Exhibit 5-1
Exhibit 5-1 -Refer to Exhibit 5-1, which shows supply and demand for freeway space at both 8 a.m. and 11 p.m. Which toll creates equilibrium at 11 p.m.? A) P<sub>2</sub> B) P<sub>1</sub> C) 0 D) It is not constant.
-Refer to Exhibit 5-1, which shows supply and demand for freeway space at both 8 a.m. and 11 p.m. Which toll creates equilibrium at 11 p.m.?


A) P2
B) P1
C) 0
D) It is not constant.

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