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-The Above Figure Shows the Market for Game Day T-Shirts

Question 232

Multiple Choice

-The above figure shows the market for game day t-shirts.If the price of t-shirts is $12,then A) there is a shortage and the price of t-shirts will fall. B) there is a shortage and the price of t-shirts will rise. C) there is a surplus and the price of t-shirts will rise. D) there is a surplus and the price of t-shirts will fall. E) the market is in equilibrium.
-The above figure shows the market for game day t-shirts.If the price of t-shirts is $12,then


A) there is a shortage and the price of t-shirts will fall.
B) there is a shortage and the price of t-shirts will rise.
C) there is a surplus and the price of t-shirts will rise.
D) there is a surplus and the price of t-shirts will fall.
E) the market is in equilibrium.

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