Use the following to answer question:
-(Figure: Shifts in Demand and Supply)Use Figure: Shifts in Demand and Supply.The graph shows how supply and demand might shift in response to specific events.Suppose a new machine allows restaurants and fast-food outlets to produce french fries at a lower cost.Which panel BEST describes how this will affect the market for french fries?
A)Panel A
B)Panel B
C)Panel C
D)Panel D

Question

Use the following to answer question: 
-(Figure: Shifts in Demand and Supply)Use Figure: Shifts in Demand and Supply.The graph shows how supply and demand might shift in response to specific events.Suppose a new machine allows restaurants and fast-food outlets to produce french fries at a lower cost.Which panel BEST describes how this will affect the market for french fries?
A)Panel A 
B)Panel B 
C)Panel C 
D)Panel D

Quizplus · Accepted Answer

The Answer of Use the following to answer question: 
-(Figure: Shifts in Demand and Supply)Use Figure: Shifts in Demand and Supply.The graph shows how supply and demand might shift in response to specific events.Suppose a new machine allows restaurants and fast-food outlets to produce french fries at a lower cost.Which panel BEST describes how this will affect the market for french fries?
A)Panel A 
B)Panel B 
C)Panel C 
D)Panel D

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