Refer to the above graph, which shows the market for beef where demand shifted from D1 to D2. The change in equilibrium from E1 to E2 cannot be a result of
A) buyers' expectations of lower prices for beef in the very near future.
B) a health report warning of the dangers of beef consumption
C) a widespread concern about mad-cow disease.
D) a decrease in the productivity of cattle farms.
Correct Answer:
Verified
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