- Select the letter of the diagram in Figure 28.1 that best represents the effect of each event on the United States wheat market,ceteris paribus: The federal government restricts the amount of agricultural products that can be imported.(See Figure 29.4. )
A)a.
B)b.
C)c.

Question

- Select the letter of the diagram in Figure 28.1 that best represents the effect of each event on the United States wheat market,ceteris paribus: The federal government restricts the amount of agricultural products that can be imported.(See Figure 29.4. )
A)a. 
B)b. 
C)c.

Quizplus · Accepted Answer

The restriction on imports would decrease the supply of wheat in the U.S. market, leading to a leftward shift in the supply curve, which is represented by diagram 'a'.

- Select the Letter of the Diagram in Figure 28