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Author Question: In the above figure, a price of 15 per dozen roses would result in a ________ so that the price of ... (Read 130 times)

burchfield96

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In the above figure, a price of 15 per dozen roses would result in a ________ so that the price of roses will ________.
 
  A) surplus; rise
  B) surplus; fall
  C) shortage; rise
  D) shortage; fall

Question 2

In the above figure, the firm will produce
 
  A) 0 units.
  B) 5 units.
  C) 15 units.
  D) 20 units.



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CourtneyCNorton

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Answer to Question 1

C

Answer to Question 2

D





 

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