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-The Graph Illustrates the Market for Bottled Water

Question 86

Multiple Choice

  -The graph illustrates the market for bottled water.When the price exceeds the equilibrium price,the quantity demanded is ________ the quantity supplied and the price of the good will ________. A)  less then; fall B)  greater than; rise C)  greater than; fall D)  less than; rise E)  equal to; fall
-The graph illustrates the market for bottled water.When the price exceeds the equilibrium price,the quantity demanded is ________ the quantity supplied and the price of the good will ________.


A) less then; fall
B) greater than; rise
C) greater than; fall
D) less than; rise
E) equal to; fall

Correct Answer:

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