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The price of mangoes is currently $5.00 per pound. At this price, producers are supplying 4,000 pounds of mangoes. Point C on the graph shows the current equilibrium price and quantity. To which point will the equilibrium shift if the demand increases suddenly because of a non-price determinant of demand?

The price of mangoes is currently 500 per pound At this price producers are supplying 4000 pounds of mangoes Point C on the graph shows the current equilibrium class=

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Answer: Point B

If the demand increases suddenly because of a non-price determinant of demand, equilibrium point will shift to point B. At point B, the demand for mangoes increased from 4000 to 5000 pounds, and the price increased as well, from $5 to $6.

Answer:

the correct awnser is point b

Explanation:

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