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-Contractors Can Use Plywood or Brick to Construct Walls

Question 233

Multiple Choice

  -Contractors can use plywood or brick to construct walls.Suppose the price of bricks increases.Which of the figures above best illustrates the effect of this change on the market for plywood? A)  Figure A B)  Figure B C)  Figure C D)  Figure D E)  Figure A or Figure C depending on how contractors react to the higher price of bricks.
-Contractors can use plywood or brick to construct walls.Suppose the price of bricks increases.Which of the figures above best illustrates the effect of this change on the market for plywood?


A) Figure A
B) Figure B
C) Figure C
D) Figure D
E) Figure A or Figure C depending on how contractors react to the higher price of bricks.

Correct Answer:

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