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Figure: Shifts in Demand and Supply
-(Figure: Shifts in Demand and Supply) Look at the figure Shifts in Demand and Supply. The figure shows how supply and demand might shift in response to specific events. Suppose the population increases. Which panel BEST describes how this will affect the market for apples?
A) panel A
B) panel B
C) panel C
D) panel D
Correct Answer:
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Q133: Which of the following will raise the
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Figure: Shifts
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Figure: Shifts
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