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Refer to the Above Graph, Which Shows the Market for Chicken

Question 96

Multiple Choice

Refer to the above graph, which shows the market for chicken where D<sub>1</sub> and D<sub>2</sub> represent different demand curves.A change from E<sub>1</sub> to E<sub>2</sub> is most likely to result from: A) an increase in expectations of higher future prices for chicken. B) an increase in the cost of chicken feed to produce chickens. C) a decrease in the price of beef products. D) an increase in consumer incomes. Refer to the above graph, which shows the market for chicken where D1 and D2 represent different demand curves.A change from E1 to E2 is most likely to result from:


A) an increase in expectations of higher future prices for chicken.
B) an increase in the cost of chicken feed to produce chickens.
C) a decrease in the price of beef products.
D) an increase in consumer incomes.

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