Question: Use the graph below to answer the following question: If the price in the market is $1,600 how will the market respond? multiple choice Prices

Use the graph below to answer the following question: If the price in the market is $1,600 how will the market respond? multiple choice Prices will rise to eliminate a surplus. Prices will fall to eliminate a surplus. Prices will fall to eliminate a shortage. Prices will rise to eliminate a shortage

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