Multiple Choice
Use the following to answer question:
-(Figure: Shifts in Demand and Supply) Use 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:

Verified
Correct Answer:
Verified
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