Select one: A B C D

The graphs below depict possible demand and supply curve shifts in the market for flowers in Portland. Suppose the municipal government mandates that all flower sellers must have a doctoral degree in floristry, pass a grueling floristry exam, and pay a $2,500 fee every year that they sell flowers. Which figure below best describes what would happen? Figure 2 Figure 2 Supply Curve Supply Curve Demand Curve Demand Curve (leftward) (rightward) (leftward) (rightward) Price . Price Price Price Quantity Quantity Quantity Quantity (a) (b) (c) (d) Select one: Oa. a Ob. b Oc. C Od. d