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    Principles of Microeconomics
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    Exam 3: Demand and Supply
  5. Question
    -In Exhibit C-5, If Price Is $25, A(n) ___ Would
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-In Exhibit C-5, If Price Is $25, A(n) ___ Would

Question 83

Question 83

Multiple Choice

  -In Exhibit C-5, if price is $25, a(n)  ___ would result, causing a(n) ___ in price. A)  excess demand; increase B)  excess demand; decrease C)  excess supply; increase D)  excess supply; decrease E)  scarcity; stabilization
-In Exhibit C-5, if price is $25, a(n) ___ would result, causing a(n) ___ in price.


A) excess demand; increase
B) excess demand; decrease
C) excess supply; increase
D) excess supply; decrease
E) scarcity; stabilization

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