The diagrams illustrate the original demand curve D1 and supply curve S1 for steel in the European Union (EU). In 2018, European steel firms faced increasing energy prices. Which diagram indicates the likely effect of this?
- A[IMAGE:9708_m21_qp_12_p6_diagram_2]
- B[IMAGE:9708_m21_qp_12_p6_diagram_3]
- Cshift of demand right (D1 to D2) with supply constant (diagram C)
- D[IMAGE:9708_m21_qp_12_p6_diagram_5]