(Figure Market for Canadian Goods with US Inputs) Use the figure to answer the question. Price Price Supply Supply New price price price New New price denand Old demand Old domand New demand Quantity Quanty New New quartity quanity Appnt Aenb Price Newpply Price Old supply Old supply New price price price New pree Demand New Quantity Old New Guantily y qry qarty The Canadian dollar has strengthened against the US dollar, meaning that it takes fewer Canadian dollars to purchase a US dollar. What will happen to the supply of Canadian goods that use inputs made in the US? Choose the graph that correctly depicts your answer. O Graph A O Graph B O Graph C O Graph D

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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(Figure Market for Canadian Goods with US Inputs) Use the figure to answer the question.
Price
Price
Supply
New
price
Old
price
Old
price
New
New
price
demand
Old
domand
Old
demand
New demand
Quantity
New
quarety quartity
Quantity
New
Old
quartity quanity
C.
D
Price
New supply
Price
Old supply
Old supply
New
supply
New
price
Old
price
Old
price
New
prce
Demand
Demand
Old
New
quarey uely
New
Old
Quantity
Quantity
quanity quantty
The Canadian dollar has strengthened against the US dollar, meaning that it takes fewer Canadian dollars to
purchase a US dollar. What will happen to the supply of Canadian goods that use inputs made in the US?
Choose the graph that correctly depicts your answer.
O Graph A
O Graph B
O Graph C
O Graph D
Transcribed Image Text:(Figure Market for Canadian Goods with US Inputs) Use the figure to answer the question. Price Price Supply New price Old price Old price New New price demand Old domand Old demand New demand Quantity New quarety quartity Quantity New Old quartity quanity C. D Price New supply Price Old supply Old supply New supply New price Old price Old price New prce Demand Demand Old New quarey uely New Old Quantity Quantity quanity quantty The Canadian dollar has strengthened against the US dollar, meaning that it takes fewer Canadian dollars to purchase a US dollar. What will happen to the supply of Canadian goods that use inputs made in the US? Choose the graph that correctly depicts your answer. O Graph A O Graph B O Graph C O Graph D
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