Question

"A" represents the new quantity demanded, while "B" represents the new quantity supplied.

1. What is the result of these changes?
a) equilibrium
b) excess supply
c) excess demand

2. Based on this graph, what will prices most likely do?
a) rise
b) fall
c) stay the same

**PLEASE INCLUDE EXPLANATION

Answer 1

1. c
2. a

Step-by-step explanation:

because it is possible in the graph only

Answer 2

1.) Excess supply

2.) Fall

Step-by-step explanation:

Edge