The diagram shows a firm’s supply of and demand for apples.
If a minimum price is increased from ${P_1}$ to ${P_2}$ what will happen to the amount of apples sold?
It will decrease from ${Q_1}$ to ${Q_2}$.
2 )
It will decrease from ${Q_4}{Q_1}$ to ${Q_2}{Q_3}$.
3 )
It will increase from ${Q_3}$ to ${Q_4}$
4 )
It will increase from ${Q_3}{Q_2}$ to ${Q_4}{Q_1}$.
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