-Refer to the Above Figure $\mathrm { P } _ { 3 }$

question 152

Multiple Choice

-Refer to the above figure.A price support set at $\mathrm { P } _ { 3 }$ will

• A)lead to a surplus of \(\mathrm { Q } _ { 3 }\) minus \(\mathrm { Q } _ { 1 }\) .
• B)lead to a shortage of \(\mathrm { Q } _ { 3 }\) minus \(\mathrm { Q } _ { 1 }\) .
• C)lead to an equilibrium quantity of \(\mathrm { Q } _ { 2 }\) .
• D)be ineffective.

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