The Following Figure Shows the Market for Grapefruit (In Kilos)

question 160

Multiple Choice

The following figure shows the market for grapefruit (in kilos) :

-Refer to the diagram above to answer this question.If buyers think that the price of grapefruits is going to rise,causing the demand to change by 6 kilos,what will be the new equilibrium price and quantity?

• A)$2.50 and 28 kilos
• B)$2.75 and 26 kilos
• C)$2.50 and 26 kilos
• D)$3.00 and 36 kilos

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