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-Refer to Exhibit 3-17

Question 17

Multiple Choice

-Refer to Exhibit 3-17.At a price of $16,the quantity demanded of good X is ____________ than the quantity supplied of good X,and economists would use this information to predict that the price of good X would soon ______________.This would push the price __________ the equilibrium price. A) greater; fall; toward B) greater; rise; toward C) less; fall; toward D) less; rise; away from E) greater; rise; away from
-Refer to Exhibit 3-17.At a price of $16,the quantity demanded of good X is ____________ than the quantity supplied of good X,and economists would use this information to predict that the price of good X would soon ______________.This would push the price __________ the equilibrium price.


A) greater; fall; toward
B) greater; rise; toward
C) less; fall; toward
D) less; rise; away from
E) greater; rise; away from

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