Question: Consider the graph below: Price Per unit S PO D1 D0 Q1 Q2 Quantity A. When the demand curve shifts from D0 to D1 there

Consider the graph below: Price Per unit S PO D1 D0 Q1 Q2 Quantity A. When the demand curve shifts from D0 to D1 there is (excess demand/excess supply) at P0. B. There (are/are not) (are/are not) buyers willing to pay higher prices than P0. There sellers willing to sell the good at prices higher than P0. C. An increase in price above PO (will/will not) supplied and (will/will not) increase the quantity reduce the quantity demanded. D. The market price (will/will not) the quantity supplied. rise until the quantity demanded equals

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