When the market is out of equilibrium at a price that is too low... O A. price rises, quantity supplied falls, and quantity demanded rises B. price falls, quantity supplied rises, and quantity demanded falls C. price rises, quantity supplied rises, and quantity demanded falls OD. price falls, quantity supplied falls, and quantity demanded rises

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A: Answer to the question is as follows:

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A: Supply Curve: It is the graphical object showing the relationship between the price of a good and…

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A: Demand curve is the downward sloping curve. Supply curve is the upward sloping curve. Equilibrium is…

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A:

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A: We are going to use Willingness to pay and Consumer Surplus concepts to answer this question

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Q: QUANTITY Refer to Figure 4-6. The shift from S' to S is called O an increase in supply. O a decrease…

A: Price has a direct relationship with quantity supplied

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A: Increase in demand leads to increase in price and quantity. Increase in supply leads to decrease in…