32
QuizMultiple Choice

Unit Test — Unit test

Question 32 • * HSA 26-27 Economics

The graph shows excess supply.Which needs to happen to the price indicated by p2 on the graph in order to achieve equilibrium?

Question illustration
Answer
A
It needs to be increased.
B
It needs to be decreased.
C
It needs to reach the price ceiling.
D
It needs to remain unchanged.
Previous
Next