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-Refer to Exhibit 5-5

Question 52

Multiple Choice

  -Refer to Exhibit 5-5.If the airline charges price P<sub>2</sub> for both aisle seats and middle seats,the result will be A)  a surplus of middle seats and the equilibrium quantity of aisle seats. B)  a surplus of aisle seats and the equilibrium quantity of middle seats. C)  a shortage of middle seats and the equilibrium quantity of aisle seats. D)  a shortage of aisle seats and the equilibrium quantity of middle seats.
-Refer to Exhibit 5-5.If the airline charges price P2 for both aisle seats and middle seats,the result will be


A) a surplus of middle seats and the equilibrium quantity of aisle seats.
B) a surplus of aisle seats and the equilibrium quantity of middle seats.
C) a shortage of middle seats and the equilibrium quantity of aisle seats.
D) a shortage of aisle seats and the equilibrium quantity of middle seats.

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