In the diagram equilibrium price is:
...
In the diagram equilibrium price is:
A.
P²
B.
Po
C.
P¹
D.
Indeterminate
E.
between Po and P¹ Diagram P.2
Correct answer is B
No explanation has been provided for this answer.
Similar Questions
Demand-pull inflation can be as a result of__________ ...
A major advantage of specialization and division of labour is that ...
Money is able to function more as a medium of exchange when ...
The greatest disadvantages of barter system is the need for ...
The major determinant of cross elasticity of demand is the ...
General rise in the price level induced by increased price of inputs is referred to as ...
The major determinant of the total volume of output in an economy is the ...