Multiple Choice
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.
Correct Answer:

Verified
Correct Answer:
Verified
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