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Figure 3-2 -According to Figure 3-2,an Increase in the Price from $0.40

Question 128

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Figure 3-2 Figure 3-2   -According to Figure 3-2,an increase in the price from $0.40 to $0.60 will result in A) an increase in quantity supplied of 20 million litres. B) a shortage of 30 million litres. C) an increase in demand of 20 million litres. D) an increase in quantity demanded of 10 million litres.
-According to Figure 3-2,an increase in the price from $0.40 to $0.60 will result in


A) an increase in quantity supplied of 20 million litres.
B) a shortage of 30 million litres.
C) an increase in demand of 20 million litres.
D) an increase in quantity demanded of 10 million litres.

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