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Question 86

Multiple Choice

Use the following to answer question : Use the following to answer question : -(Figure: The Market for Tortillas) Use Figure: The Market for Tortillas.With a nonbinding price floor,the price could be equal to _____,consumers would demand _____,and producers would supply _____. A) P<sub>1</sub>;Q<sub>1</sub>;Q<sub>3</sub> B) P<sub>2</sub>;Q<sub>2</sub>;Q<sub>2</sub> C) P<sub>1</sub>;Q<sub>3</sub>;Q<sub>1</sub> D) P<sub>3</sub>;Q<sub>2</sub>;Q<sub>1</sub>
-(Figure: The Market for Tortillas) Use Figure: The Market for Tortillas.With a nonbinding price floor,the price could be equal to _____,consumers would demand _____,and producers would supply _____.


A) P1;Q1;Q3
B) P2;Q2;Q2
C) P1;Q3;Q1
D) P3;Q2;Q1

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