Refer to the following graph. Price Pf 0 QO Quantity Q1 S D Suppose this graph represents the market for cheese. In order to keep the price of cheese at Pf, government must: devise a mechanism to ration cheese to consumers. cause the supply of cheese to increase. O cause the demand for cheese to decrease. prevent the excess supply from reaching the market.
Refer to the following graph. Price Pf 0 QO Quantity Q1 S D Suppose this graph represents the market for cheese. In order to keep the price of cheese at Pf, government must: devise a mechanism to ration cheese to consumers. cause the supply of cheese to increase. O cause the demand for cheese to decrease. prevent the excess supply from reaching the market.
Chapter3: Supply And Demand: Theory
Section3.3: The Market: Putting Supply And Demand Together
Problem 3ST
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Transcribed Image Text:Refer to the following graph.
Price
Pf
0
QO
Quantity
Q1
S
D
Suppose this graph represents the market for cheese. In order to keep the price of cheese at Pf,
government must:
devise a mechanism to ration cheese to consumers.
cause the supply of cheese to increase.
cause the demand for cheese to decrease.
prevent the excess supply from reaching the market.
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