Figure 3-3
-Refer to Figure 3-3.The figure above shows the supply and demand curves for two markets: the market for an original Picasso painting and the market for designer jeans.Which graph most likely represents which market?
A) Graph B represents the market for an original Picasso painting and Graph A represents the market for designer jeans.
B) Graph A represents the market for an original Picasso painting and Graph B represents the market for designer jeans.
C) Graph A represents both the market for an original Picasso painting and designer jeans.
D) Graph B represents both the market for an original Picasso painting and designer jeans.
Correct Answer:
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