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Question 134

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Use the following to answer questions:
Figure: Shifts in Demand and Supply Use the following to answer questions: 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
-(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

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