Multiple Choice
-Refer to Exhibit 5-5.If the airline charges price P1 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.
Correct Answer:

Verified
Correct Answer:
Verified
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