Use the following to answer questions:
Figure: Shifts in Demand and Supply 
-(Figure: Shifts in Demand and Supply) Look at the figure Shifts in Demand and Supply. The figure shows how supply and demand might shift in response to specific events. Suppose the population increases. Which panel BEST describes how this will affect the market for apples?
Definitions:
Per-Unit Costs
The total expense incurred to produce, store, and sell one unit of a product or service, including material, labor, and overhead costs.
Market Share
The percentage of an industry's total sales that is earned by a particular company over a specified time period.
Value Map
A visual tool used to compare the value propositions of different products or services in the market from a customer's perspective.
Experience Curve
The concept that costs decline as firms gain experience in production, leading to improved efficiency and lower costs per unit over time.
Q9: (Figure: Production Possibility Frontier) Look at the
Q11: Which of the following would shift the
Q18: (Figure: Consumer and Producer Surplus) Look at
Q21: (Figure: Wine and Wheat) Look at the
Q39: Which of the following will NOT cause
Q155: (Scenario: Health Costs) Look at the scenario
Q156: Through insurance and other devices, the modern
Q170: (Figure: Market for Books) Look at the
Q173: If the price of corn rises, we
Q214: Abe starts exercising regularly, and after a