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The market is initially in equilibrium at point b. if demand shifts from d2 to d1 and the price of burritos remains constant at $4.00, there will be:

The market is initially in equilibrium at point b. if demand shifts from d2 to d1 and the price of burritos remains constant at $4.00, there will be:
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The market is initially in equilibrium at point

b. if demand shifts from d2 to d1 and the price of burritos remains constant at $4.00, there will be:

asked
User Grant Shannon
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1 Answer

2 votes
disequilibrium and a surplus because the quantity supplied will be greater than quantity demanded at a price of $4.00
answered
User David Fregoli
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7.3k points
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