The three diagrams below each show a supply curve for oil tankers over a relatively short period of time. FIGURE 13-3
-Refer to Figure 13-3.Consider oil tankers as a factor of production (for example,for the production of gasoline).Which diagram shows the most mobility of this factor of production?
A)diagram 1
B)diagram 2
C)diagram 3
D)none of the diagrams
E)each diagram shows mobility

Question

The three diagrams below each show a supply curve for oil tankers over a relatively short period of time.  FIGURE 13-3
-Refer to Figure 13-3.Consider oil tankers as a factor of production (for example,for the production of gasoline).Which diagram shows the most mobility of this factor of production?
A)diagram 1 
B)diagram 2 
C)diagram 3 
D)none of the diagrams 
E)each diagram shows mobility

Quizplus · Accepted Answer

The Answer of The three diagrams below each show a supply curve for oil tankers over a relatively short period of time.  FIGURE 13-3
-Refer to Figure 13-3.Consider oil tankers as a factor of production (for example,for the production of gasoline).Which diagram shows the most mobility of this factor of production?
A)diagram 1 
B)diagram 2 
C)diagram 3 
D)none of the diagrams 
E)each diagram shows mobility

The Three Diagrams Below Each Show a Supply Curve for Oil