Figure 4-22

-Because of falling oil prices in the past, Libya could afford fewer imported goods.Government controls were established to limit imports of cigarettes.In 1985, the market price of Marlboros rose to $70 a carton.Which graph in Figure 4-22 best depicts this situation?
A)1
B)2
C)3

Question

Figure 4-22
 
-Because of falling oil prices in the past, Libya could afford fewer imported goods.Government controls were established to limit imports of cigarettes.In 1985, the market price of Marlboros rose to $70 a carton.Which graph in Figure 4-22 best depicts this situation?
A)1 
B)2 
C)3

Quizplus · Accepted Answer

The Answer of Figure 4-22
 
-Because of falling oil prices in the past, Libya could afford fewer imported goods.Government controls were established to limit imports of cigarettes.In 1985, the market price of Marlboros rose to $70 a carton.Which graph in Figure 4-22 best depicts this situation?
A)1 
B)2 
C)3

Figure 4-22 -Because of Falling Oil Prices in the Past, Libya Could