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Use for questions 18-20 P a d 10 e b S C D Q Question 18 Not yet answered Points out of 1.00 Flag

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Use for questions 18-20 P a d 10 e b S C D Q Question 18 Not yet answered Points out of 1.00 Flag question Assume starting at point e in figure 7. What is the likely position of the new equilibrium if the demand curve shifts to the left? a. a Ob. b C. C Od. d Question 19 Not yet answered Points out of 1.00 Flag question Assume starting at point e in figure 7. What is the likely position of the new equilibrium if the supply curve shifts to the left? O a. a Ob. b . Od. d Question 20 Not yet answered Points out of 1.00 Flag question Assume starting at point e in Figure 7. If the demand curve shifts to the left, what will happen to the equilibrium price level? Oa. rise Ob. fall Oc. no change Od. fall at first but then fall back to the original position

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