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Q1 - Price Price Price Price Quantity Quantity Quantity Quantity (1) (3) Refer to the above diagrams and start with the initial curves D and

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Q1 - Price Price Price Price Quantity Quantity Quantity Quantity (1) (3) Refer to the above diagrams and start with the initial curves D and S Suppose the the number of sellers in the industry decreases. Which diagram would be consistent with the impact of this event? a) 1 b ) 2 C) 3 d) 4

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