Figure: Shifts in Demand and Supply II
(Figure: Shifts in Demand and Supply II) Look at the figure Shifts in Demand and Supply II.The graph shows how supply and demand might shift in response to specific events.Suppose a drought destroys one-third of the nation's peanut crop.Which panel best describes how this will affect the market for peanuts?
A.panel A
B.panel B
C.panel C
D.panel D
Correct Answer:
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