The supply curve for milk
A) shifts when the price of milk changes because the price of milk is measured on the vertical axis of the graph.
B) shifts when the price of milk changes because the quantity supplied of milk is measured on the horizontal axis of the graph.
C) does not shift when the price of milk changes because the price of milk is measured on the vertical axis of the graph.
D) does not shift when the price of milk changes because the price of milk is measured on the horizontal axis of the graph.
Correct Answer:
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Q229: Figure 4-10 Q232: Figure 4-10
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