USE FIGURE #1:
Contractors can use plywood or bricks to construct walls. Suppose the price of bricks increases. Which of the figures above best illustrates the effect of this change on the market for plywood?
Group of answer choices
Figure A
Figure C
Figure A or Figure C depending on how contractors react to the higher prices of bricks
Figure D
Figure B
Extracted text: FIGURE #1: Price (dollars per ton of plywood) Price (dollars per ton of plywood) D2 D DI D2 Quantity (tons of plywood per month) Figure A Quantity (tons of plywood per month) Figure B Price (dollars per ton of plywood) Price (dollars per ton of plywood) S2 D Quantity (tons of plywood per month) Quantity (tons of plywood per month) Figure C Figure D
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