Use the following to answer questions :
Figure 3-5
-Point C in Figure 3-5 could represent:
A)a point on the demand schedule for a normal good with higher incomes.
B)an equilibrium point.
C)a point on the supply schedule.
D)both a and c.
E)none of the above.

Question

Use the following to answer questions :
Figure 3-5 
-Point C in Figure 3-5 could represent:
A)a point on the demand schedule for a normal good with higher incomes. 
B)an equilibrium point. 
C)a point on the supply schedule. 
D)both a and c. 
E)none of the above.

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The Answer of Use the following to answer questions :
Figure 3-5 
-Point C in Figure 3-5 could represent:
A)a point on the demand schedule for a normal good with higher incomes. 
B)an equilibrium point. 
C)a point on the supply schedule. 
D)both a and c. 
E)none of the above.

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