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    Exam 3: Demand, Supply, and Price
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    FIGURE 3-3 -Refer to Figure 3-3.At a Price of P<sub>1</sub> There Would
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FIGURE 3-3 -Refer to Figure 3-3.At a Price of P1 There Would

Question 34

Question 34

Multiple Choice

  FIGURE 3-3 -Refer to Figure 3-3.At a price of P<sub>1</sub> there would be excess supply equal to A) 0. B) Q<sub>1</sub> Q<sub>5.</sub> C) Q<sub>2</sub> Q<sub>4.</sub> D) Q<sub>1</sub> Q<sub>2.</sub> E) Q<sub>4</sub> Q<sub>5.</sub> FIGURE 3-3
-Refer to Figure 3-3.At a price of P1 there would be excess supply equal to


A) 0.
B) Q1 Q5.
C) Q2 Q4.
D) Q1 Q2.
E) Q4 Q5.

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