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    Macroeconomics
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    Exam 3: Demand and Supply
  5. Question
    -In the Above Figure, If D2 Is the Demand Curve
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-In the Above Figure, If D2 Is the Demand Curve

Question 152

Question 152

Multiple Choice

  -In the above figure, if D2 is the demand curve, then a price of P3 would result in A)  a shortage of Q3 - Q1. B)  a shortage of Q4 - Q3. C)  a surplus of Q3 - Q1. D)  a surplus of Q4 - Q0.
-In the above figure, if D2 is the demand curve, then a price of P3 would result in


A) a shortage of Q3 - Q1.
B) a shortage of Q4 - Q3.
C) a surplus of Q3 - Q1.
D) a surplus of Q4 - Q0.

Correct Answer:

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