Question: Please read and answer. 1. The figure below depicts possible demand and supply curve shifts in the market for flowers in San Francisco. Suppose the

Please read and answer. 1. The figure below depicts possible demand and supply curve shifts in the market forflowers in San Francisco. Suppose the municipal government mandates that all flower sellers must have a masters degree, pass a difficult floristry exam, and pay a $5000 fee every year that they sell flowers. Which figure below best describes what would happen?

Figure 2

supply curve shifts in the market forflowers in San Francisco. Suppose the

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