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24 Jul 2018
Use the figure below to answer the following question. Price Q Q2 Q3 QAQ Quantity Figure 2 16) At price P3 in Figure 2, A) equilibrium quantity is 25. B) there is a surplus in the amount of 95 - 01. C) there is a shortage in the amount of 25 - 21. D) there is a tendency for the price to rise. E) this market is in equilibrium.
Use the figure below to answer the following question. Price Q Q2 Q3 QAQ Quantity Figure 2 16) At price P3 in Figure 2, A) equilibrium quantity is 25. B) there is a surplus in the amount of 95 - 01. C) there is a shortage in the amount of 25 - 21. D) there is a tendency for the price to rise. E) this market is in equilibrium.
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