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The Three Diagrams Below Each Show a Supply Curve for Oil

Question 16

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The three diagrams below each show a supply curve for oil tankers over a relatively short period of time. The three diagrams below each show a supply curve for oil tankers over a relatively short period of time.   FIGURE 13-3 -Refer to Figure 13-3.Consider oil tankers as a factor of production (for example,for the production of gasoline) .Which diagram shows the most mobility of this factor of production? A) diagram 1 B) diagram 2 C) diagram 3 D) none of the diagrams E) each diagram shows mobility FIGURE 13-3
-Refer to Figure 13-3.Consider oil tankers as a factor of production (for example,for the production of gasoline) .Which diagram shows the most mobility of this factor of production?


A) diagram 1
B) diagram 2
C) diagram 3
D) none of the diagrams
E) each diagram shows mobility

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