125k views
5 votes
Which statement best describes the current price for the good shown in this graph of supply and demand schedules.

A. the current price will result in a low demand for the good
B. the current price will result in a low supply for the good
C. the current price is higher than the equilibrium for the good
D. the current price equals the equilibrium price for the good

2 Answers

3 votes

Answer:

B. the current price will result in a low supply for the good

Step-by-step explanation:

User Boris Burkov
by
6.9k points
1 vote

Answer: The current price will result in a low supply for the good.

Explanation: A P E X fam

User Vadivel
by
7.1k points