In the diagram below, DoDo is the original demand curve, SoSo is the original supply...

ECONOMICS
JAMB 1998

In the diagram below, DoDo is the original demand curve, SoSo is the original supply curve, D1D1 is the new demand curve. What is the new equilibrium quantity?

  • A. Q1
  • B. Q2
  • C. Q3
  • D. Q4

Correct Answer: B. Q2



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