es Mailings Review View Help Paragraph Styles Refer to the

es Mailings Review View Help Paragraph Styles ) Refer to the Figures below to answer Events A-D listed below. Select the figure that best illustrates the likely effect on the following events. The dotted line represents the shift of the curve. Curves market \"S\" represent the supply curves and curves market by \"D\" represent the demand curves. Price Price D1 D1 Figure A Figure B Price Price Si o?????

Solution

Event A: Figure C as the supply increase with redcued cost of input. Event B: Figure B as demand decrease with the fall in income Event C: Figure A as demand for butter will rise with rise in prices of its substitutes. Event D: Figure A as demand for compact disc player will moe upward with falll in price of compliments. Event E: figure B as demand for jelly will go down with rise in prices of compliment good.