Help

Econ 6350 Managerial Economics Spring 2021 Samantha Aguilera 8 I 01/29/21 8:47 AM Chapter 2 QUiZ S lhrn't Om," { 12 of 13 (6 complete) The graph to the right shows the market tor home heating oil (oil that is specically used to run a fumace or heater). The government has imposed a price ceiling at the Q wnent equillbrlum price 1.) Use the line drawing tool to show the impact on this market 0! an unexpectedly warm winter. Property label this line. lZ' ' i 2.) Use the point drawing tool to indicate the new equilibrium price and quantity, i; k Label lhls polnt'B'. g ' E .1 i Wily follow the instructions above, and only draw the required objects. g Q. 5 . , l E -. ' E; - a. - \":4 [re . .P' Click the graph. choose a tool in the palette and follow the instructions to create your graph, (2)