Multiple Choice
A strike at the Financial News in London shut down its production, and the sales of a competing newspaper, the Broad Street Journal, increased dramatically, with no increase in price.Based upon this, what can you say about the Broad Street Journal's supply curve?
A) Its supply curve is vertical.
B) Its supply curve is horizontal.
C) Its supply curve has shifted.
D) Its supply curve has a positive slope.
Correct Answer:
Verified
Correct Answer:
Verified
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