Use the following to answer questions:
Figure: Shifts in Demand and Supply IV 
-(Figure: Shifts in Demand and Supply IV) Use Figure: Shifts in Demand and Supply IV.The figure shows how supply and demand might shift in response to specific events.Suppose the price of lumber falls dramatically.Which panel BEST describes how this will affect the market for new houses?
Definitions:
Surgical Equipment
Tools and devices used by surgeons to perform operations, including scalpels, forceps, and sutures, essential for modern medical procedures.
Disease and Accidents
Concerns the occurrences of illnesses and unintentional injuries within a population, affecting public health and safety.
Northern Democrats
A faction of the Democratic Party in the 19th century United States, especially before the Civil War, that was based in the northern states and opposed to the extension of slavery into new territories.
Republican Government
A governmental structure where authority is vested in officials elected by the citizens, and these officials govern based on legal statutes.
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