If Canada bans the importation of beluga caviar (the most prized of caviars)from the Caspian Sea, what happens in the market for caviar in Canada?
A)The supply curve shifted to the left.
B)The supply curve shifted to the right.
C)The demand curve shifted to the right.
D)The demand curve shifted to the left.

Question

Quizplus · Accepted Answer

With the ban on beluga caviar importation, the supply curve would shift to the left, as there would be less caviar available in the market. This would likely lead to a higher price for caviar in Canada.

If Canada Bans the Importation of Beluga Caviar (The Most