Figure 11.1: -In Figure 11.1,given That Equilibrium Occurs at a Price Level

question 96

Multiple Choice

Figure 11.1:
-In Figure 11.1,given that equilibrium occurs at a price level of P₂,then the desirable price level:

• A) Can be at any price level.
• B) Must be P₂.
• C) Must be greater than P₂.
• D) Must be less than P₂.

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