Figure 24-2 -Refer to Figure 24-2. Ceteris Paribus, a Decrease in the Decrease

question 48

Multiple Choice

Figure 24-2
-Refer to Figure 24-2. Ceteris paribus, a decrease in the expected price of an important natural resource would be represented by a movement from

• A) SRAS₁ to SRAS₂.
• B) SRAS₂ to SRAS₁.
• C) point A to point B.
• D) point B to point A.

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