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To answer the question, select the letter of the diagram that follows which best illustrates the supply and/or demand shift (s) due to the market

To answer the question, select the letter of the diagram that follows which best illustrates the supply and/or demand shift (s) due to the market event described, ceteris paribus. Four simple line graphs showing how shifts in the available supply impact demand and price. Consider the market for new houses. The level of income increases for all consumers. Question 5Answer a. C b. B c. D d. A

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