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Figure 11.1: -In Figure 11.1,at Which of the Following Price Levels Would

Question 13

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Figure 11.1: Figure 11.1: -In Figure 11.1,at which of the following price levels would a surplus occur? A) P<sub>1</sub> B) P<sub>2</sub> but not P<sub>3</sub> C) P<sub>2</sub> and P<sub>3</sub> D) P<sub>3</sub> and P<sub>4</sub>
-In Figure 11.1,at which of the following price levels would a surplus occur?


A) P1
B) P2 but not P3
C) P2 and P3
D) P3 and P4

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