In 2013 businessweek online reported that car sales in, Ask an Expert

Economics

In 2013 BusinessWeek Online reported that car sales in China had slowed and cited the government's bid to restrict credit to consumers as the reason. Assuming the car market in China can be analyzed with demand and supply curves, what best reflects the change in the market?

A) Supply curve shifts to the left with no change in demand

B) Demand curve shifts to the left with no change in supply.

C) Both the supply and demand curves shift to the left.

D) Both the supply and demand curves shift to the right.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92234545

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