Use the Figure Below to Answer the Following Questions

question 156

Multiple Choice

Use the figure below to answer the following questions. Figure 3.5.2
Original equilibrium at 1.
-Refer to Figure 3.5.2,which represents the market for beans.If the price of peas,a substitute for beans in production,rises,what is the new beans equilibrium,ceteris paribus?

• A)8
• B)3
• C)9
• D)5

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