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Narrbegin Exhibit 10

Question 73

Multiple Choice

Narrbegin Exhibit 10.4 The market for permits Narrbegin Exhibit 10.4 The market for permits    -In Exhibit 10.4, suppose that there is a slowdown in the economy. That is illustrated by: A)  a shift from 'Demand 1' to 'Cap'. B)  a shift from 'Demand 2' to 'Demand 1'. C)  a shift from 'Demand 1' to 'Demand 2'. D)  a shift from 'Cap' to 'Demand 2'.
-In Exhibit 10.4, suppose that there is a slowdown in the economy. That is illustrated by:


A) a shift from 'Demand 1' to 'Cap'.
B) a shift from 'Demand 2' to 'Demand 1'.
C) a shift from 'Demand 1' to 'Demand 2'.
D) a shift from 'Cap' to 'Demand 2'.

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