The Figure Given Below Shows the Demand Curves [D₁ and

question 6

Multiple Choice

The figure given below shows the demand curves [D₁ and D₂] and the supply curve [S₁] of capital. Figure 16.1
- In Figure 16.1,if the price set in the market is P₃ when the demand curve is D₁,then:

• A)the market will be in equilibrium.
• B)there will be an excess demand for capital of the amount Q₄ - Q₁.
• C)there will be a shortage of capital in the market by the amount Q₄ - Q₂.
• D)there will be a surplus of capital in the market by the amount Q₃ - Q₁.
• E)there will be a surplus of capital in the market by the amount Q₃ - Q₂.

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