Exhibit 4-3  Supply and Demand Curves Beginning from an Equilibrium

question 48

Multiple Choice

Exhibit 4-3  Supply and demand curves Beginning from an equilibrium at point E₂ in Exhibit 4-3, an increase in demand for good X, other things being equal, would move the equilibrium point to:

• A) E₁.
• B) E₂.
• C) E₃.
• D) E₄.

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