The three diagrams below each show a supply curve for oil tankers over a relatively short period of time. 
FIGURE 13- 3
-Refer to Figure 13- 3. Consider the supply of oil tankers to an individual Canadian firm, the North American shipping industry, and the world shipping industry. Which diagram best shows the supply of oil tankers that is relevant to an individual Canadian firm?
Definitions:
Richest Nations
Countries that have the highest Gross Domestic Product (GDP) per capita, indicating a high level of economic prosperity and standard of living.
Gross Domestic Product
A measure of the economic performance of a country, representing the total value of all goods and services produced over a specific time period.
United States
A country located in North America, consisting of 50 states, a federal district, and several territories.
China
The world's most populous country, located in East Asia, known for its vast history, diverse culture, and significant economic and political influence.
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