(Figure: Shifts in Demand and Supply) Use Figure: Shifts in Demand and Supply. The graph shows how supply and demand might shift in response to specific events. Suppose a new machine allows restaurants and fast-food outlets to produce hamburgers at a lower cost. Which panel BEST illustrates how this innovation will affect the market for hamburgers? 
A) A
B) B
C) C
D) D
Correct Answer:
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Q142: If the supply and demand curves intersect
Q143: (Figure: Shifts in Demand and Supply) Use
Q144: (Figure: Shifts in Demand and Supply) Use
Q145: (Figure: Shifts in Demand and Supply) Use
Q146: (Figure: Shifts in Demand and Supply) Use
Q148: (Figure: Shifts in Demand and Supply II)
Q149: (Figure: Shifts in Demand and Supply II)
Q150: (Figure: Shifts in Demand and Supply II)
Q151: (Figure: Shifts in Demand and Supply II)
Q152: (Figure: Shifts in Demand and Supply III)
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