Answered

What may happen if the line "Artificial Price" were above the intersection of the supply and demand lines?

A. Artificial monopoly
B. Natural monopoly
C. Shortage
D. Surplus



Answer :

GinnyAnswer

Final answer:

An artificial price above the supply-demand intersection can lead to a surplus in the market.


Explanation:

Artificial price being above the intersection of supply and demand lines could result in a surplus in the market. When a price is set artificially high, above the equilibrium level, it leads to excess supply as quantity supplied exceeds quantity demanded, causing a surplus of the good.


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https://brainly.com/question/32577046


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