14 Refer to Graph 1. At a price of $10, the following would be true: A diagram of a line graphDescription automatically generated a. there is a pressure to decrease the price to clear the market b. the market would still be in equilibrium and the market cleared Selected:c. the price is above the market clearing priceThis answer is incorrect. d. there is a pressure to increase the price to clear the market 0/1 Question 15 Refer to Graph 1. In this market, equilibrium price and quantity would be _____. A diagram of a line graphDescription automatically generated a. $15,400 b. $20,600 Selected:c. $25,500This answer is incorrect. d. $25,800 0/1 Question 16 Refer to Graph 2. Which of the following might have caused the market clearing price to drop from $20? A graph of a price chartDescription automatically generated Selected:a. The market good had a decrease in price.This answer is incorrect. b. There was a decrease in income of consumers. c. The market good had an increase in price. d. There was a increase in taxes on the market good