Refer to the four graphs above. In which graph would the indicated shifts cause

Question

Refer to the four graphs above. In which graph would the indicated shifts cause equilibrium quantity to definitely rise, but the effect on price is indeterminate? Graph A Graph B Graph C Graph D Which of the following is an example of a market failure? There are not enough tickets available to concerts of extremely popular performers and artists The price of medical care has risen dramatically as a result of the introduction of sophisticated equipment and procedures Successful public schools provide benefits to the students who attend them, as well as to the community as a whole including those who don't go to those public schools Extensive decreases in the prices of electronic equipment resulted in large numbers of bankruptcies in the computer industry

Explanation / Answer

20 - Graph A

21 - Successful public schools provide benefits to the students who attend them, as well as to the community as a whole including those who don't go to those public schools

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