Figure 11.1: -In Figure 11.1,given That Equilibrium Occurs at a Price Level

Multiple Choice

Figure 11.1:
-In Figure 11.1,given that equilibrium occurs at a price level of P₂,then the desirable price level:

A) Can be at any price level.
B) Must be P₂.
C) Must be greater than P₂.
D) Must be less than P₂.