Figure 3-3 -Refer to Figure 3-3. the Figure Above Shows the Supply

Multiple Choice

Figure 3-3
-Refer to Figure 3-3. The figure above shows the supply and demand curves for two markets: the market for original Picasso paintings and the market for designer jeans. Which graph most likely represents which market?

A) Graph B represents the market for original Picasso paintings and Graph A represents the market for designer jeans.
B) Graph A represents the market for original Picasso paintings and Graph B represents the market for designer jeans.
C) Graph A represents both the market for original Picasso paintings and designer jeans.
D) Graph B represents both the market for original Picasso paintings and designer jeans.