-Falling Oil Prices Meant That Consumers in Libya Could Afford

Multiple Choice

-Falling oil prices meant that consumers in Libya could afford fewer imported goods.The Libyan government imposed controls to limit imports of cigarettes.At one point, the market price of a carton of cigarettes rose to $70.Which graph in Figure 4-22 best depicts this situation?

A) 1
B) 2
C) 3
D) 4