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Refer to the Graph Shown

Question 40

Multiple Choice

Refer to the graph shown. A quantity restriction of QR will: Refer to the graph shown. A quantity restriction of Q<sub>R</sub> will: A) raise market price to P<sub>0</sub>. B) maintain a market price of P<sub>1</sub>. C) lower market price to P<sub>2</sub>. D) have no effect in the market depicted.


A) raise market price to P0.
B) maintain a market price of P1.
C) lower market price to P2.
D) have no effect in the market depicted.

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