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The graphs below show four possible shifts in demand or in supply that could occur in particular Markets. Relate each of the events described below

The graphs below show four possible shifts in demand or in supply that could occur in particular Markets. Relate each of the events described below to one of them.

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Panel (a) Panel (b) 51 51 Price Price D2 Quantity per period Quantity per period Panel (c) Panel (d) 51 52 51 Price Price D1 D1 Quantity per period Quantity per period

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