Figure 2.3 -In Figure 2.3, the Initial Demand Curve Is D₁ and Curve

question 135

Multiple Choice

Figure 2.3

-In Figure 2.3, the initial demand curve is D₁ and the supply curve is S₁. The most likely result of pessimistic producer expectations is a move from equilibrium

• A) A to equilibrium D.
• B) A to equilibrium E.
• C) A to equilibrium F.
• D) B to equilibrium A.
• E) A to equilibrium B.