Use the Figure Below to Answer the Following Question(s)

question 173

Multiple Choice

Use the figure below to answer the following question(s) .
Figure 3-13

Refer to Figure 3-13. The market for margarine was initially in equilibrium at point e. Other things constant, an increase in the price of soybean oil, an important ingredient used to produce margarine, would likely move the equilibrium in this market toward point

• A) r.
• B) s.
• C) t.
• D) u.

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