Multiple Choice
Figure 3-5
-In Figure 3-5,suppose a change takes place and as a result a new equilibrium occurs at point E.The change could have been caused by
A) a decrease in the price of CDs.
B) a reduction in the wages paid to workers in the CD industry.
C) an increase in the tax on CDs.
D) an increase in demand for CDs.
Correct Answer:

Verified
Correct Answer:
Verified
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