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Refer to the following figure to answer the following questions.
-Based on the figure,a negative supply shock is best represented by a movement from
Merchant
A business or individual engaged in commercial trade or sales.
Article 2
A reference that could pertain to various legal documents; often associated with the Uniform Commercial Code in the United States, which governs sales of goods.
Reasonable Price
A price that is fair and sensible for the goods or services provided, often considered in legal and economic contexts.
Common Law
A legal system based on judicial decisions and precedent, rather than statutory laws.
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