Multiple Choice
The following graph depicts the market for shoes in a particular country.Use the graph to answer the following questions:
-When a country decides to begin importing a good that they already produce domestically,then there will be an increase in ________ and the market price will ________.
A) supply; increase
B) supply; decrease
C) demand; decrease
D) demand; increase
E) supply and demand; decrease
Correct Answer:
Verified
Correct Answer:
Verified
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