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Refer to the Graphs Shown

Question 145

Multiple Choice

Refer to the graphs shown. Suppose the price of a good that is a substitute in both consumption and production for the good depicted in the graph falls. The expected shifts in supply and demand are shown in: Refer to the graphs shown. Suppose the price of a good that is a substitute in both consumption and production for the good depicted in the graph falls. The expected shifts in supply and demand are shown in:   A)  a. B)  b. C)  c. D)  d.


A) a.
B) b.
C) c.
D) d.

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