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Refer to the above diagrams, in which AD_1 and AS_1 are the "before" curves and AD_2 and AS_2 are the "after" curves. Other things equal, a decrease in resource prices is depicted by: Select one: panel (A) only. panel (B) only. panel (C) only. panels (B) and (C).

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Economics 2 Months Ago 40 Views
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