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Step One of the "Three Steps for Analyzing Changes in Equilibrium

Question 81

Multiple Choice

Step one of the "Three Steps for Analyzing Changes in Equilibrium" is


A) decide which direction the curve shifts.
B) decide whether the event shifts the supply or demand curve.
C) use the supply-and-demand diagram to see how the shift changes the equilibrium.
D) Any of these could be used first.

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