Question

Use this image to answer the following question. When government sets a price for a good above equilibrium, there will be

economic growth.

economic loss.

a shortage.

a surplus.

Answer 1

D

Answer 2

In the diagram above, what will happen if the government sets the price for Internet access at point A?

The price of Internet access will rise to meet equilibrium.

The price of Internet access will fall to meet equilibrium.

There will be a shortage of Internet access.

There will be a surplus of Internet access.

Answer 3

I agree.

Answer 4

Do you know what the second one may be?

Answer 5

D?

Answer 6

It's the exact same question as the first one.

Answer 7

No its not

Answer 8

It is too.
In the first one it says what happens if the government sets the price above the equilibrium.
In the second one it draws you a picture of the government setting the price above the equilibrium.
In both cases it asks for the result.

Answer 9

i think tht the second one is D