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Suppose a Drought Resulted in a Major Reduction in the California

Question 40

Multiple Choice

Suppose a drought resulted in a major reduction in the California lettuce crop.In the market for lettuce


A) the supply curve shifted to the left resulting in an increase in the equilibrium price.
B) the supply curve shifted to the left resulting in a decrease in the equilibrium price.
C) the demand curve shifted to the right resulting in an increase in the equilibrium price.
D) the demand curve shifted to the left resulting in a decrease in the equilibrium price.

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