According to the above figure, then the supply curve will
A) shift from S1 to S2.
B) shift from S2 to S1.
C) remain at S1.
D) shift either to the left or the right, but it is impossible to say without more information.
A
Economics
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Cross-sectional data observed at several points in time is known as:
A) time series data. B) panel data. C) experimental data. D) none of the above.
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Most countries:
A. protect cartels. B. have laws against firms making agreements about prices or quantities. C. force monopolists to become duopolists. D. protect oligopoly markets.
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