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In Figure 4-18, There Would Be a Shortage of T-Shirts

Question 93

Multiple Choice

In Figure 4-18, there would be a shortage of T-shirts if the price were A) $10 and the market price will rise. B) $8 and the market will tend toward equilibrium. C) below $8 and the shortage persists. D) between $8 and $6 and the shortage will get larger.
In Figure 4-18, there would be a shortage of T-shirts if the price were


A) $10 and the market price will rise.
B) $8 and the market will tend toward equilibrium.
C) below $8 and the shortage persists.
D) between $8 and $6 and the shortage will get larger.

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