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Refer to the Provided Graph

Question 76

Multiple Choice

Refer to the provided graph. Suppose that it shows the market for an insurance product. If something happens to worsen the adverse selection problem faced by sellers in this market, then A) the supply curve will shift to the left. B) the supply curve will shift to the right. C) the demand curve will shift to the left. D) the supply curve will not be affected. Refer to the provided graph. Suppose that it shows the market for an insurance product. If something happens to worsen the adverse selection problem faced by sellers in this market, then


A) the supply curve will shift to the left.
B) the supply curve will shift to the right.
C) the demand curve will shift to the left.
D) the supply curve will not be affected.

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