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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 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 french fries at a lower cost. Which panel BEST describes how this will affect the market for french fries?
A) panel A
B) panel B
C) panel C
D) panel D
Correct Answer:
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Figure: Shifts
Q133: Which of the following will raise the
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Figure: Shifts
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