A supply and demand graph, showing quantity on the x axis and price is on y axis. Red supply line S rises up and to the right from 0,0 in positive x and y directions. Blue demand line D descends from x axis origin and upper range of y axis in positive x, negative y direction. A line marked Artificial Price extends from the y axis, roughly one third of the way up from the x axis and below the equilibrium point where S and D lines intersect. The intersection of the Artificial Price line with the S line is marked Quantity Supplied. The intersection of the Artificial Price line with the D line is marked Quantity Demanded.

What can result from the line marked "Artificial Price"?

A) Artificial monopoly
B) Natural monopoly
C) Shortage
D) Surplus

Artificial Monopoly because as businesses join together to set prices that is called artificial monopoly, although the government does not allow businesses to come together to set prices equal because this is no market competition. Hope this helps

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VidyaaTech2022 VidyaaTech2022 · Answer 2 · 2022-05-21T16:20:27+02:00

The line marked as Artificial Price can result from the Artificial Monopoly.

Option A is the correct answer.

What is a monopoly?

A monopoly is a situation where there is only a single vendor relating to the products and services.

An artificial monopoly is a firm that drives away all of its rivals out of the concerned business and becomes the sole manufacturer in the market. The price which is set under this kind of monopoly is called the artificial price.

Therefore, the artificial monopoly is responsible for setting the artificial price in the market.

Learn more about the monopoly in the related link:

https://brainly.com/question/10441375

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