Multiple Choice
Use the following to answer questions :
Figure 3-3
-Assume that automotive workers strike and the technological improvements occur at the same time.If initial market conditions were reflected by the structure of Figure 3-3, which of the following must occur?
A) Lower prices.
B) Less quantity.
C) More quantity.
D) Higher prices.
E) Cannot be determined from the given information.
Correct Answer:

Verified
Correct Answer:
Verified
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