Multiple Choice
Refer to the graphs. Which of the following best represents a positive demand shock when prices are flexible?
A) the shift from D2 to D3 in graph B
B) the shift from D2 to D3 in graph A
C) the shift from D2 to D1 in graph B
D) the shift from D2 to D1 in graph A
Correct Answer:

Verified
Correct Answer:
Verified
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