QUESTION $5$

$(4$ Marks$)$

Use the diagram below to answer the quesios that folow:

$$

Assume that there is a shorage in the market. Which of the following besi describes the consequant change in fre price in the marken?

B$)$ Pros would increase from $P_{2}P_1$

b$)$ Price would decrease from P$1$ to P$2$

c$)$ Price would docrease from P$210$ P $3$

d$)$ Price woudd increase from P$3$ to P$2$