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    Microeconomics Australia
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    Exam 4: Demand and Supply
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    In the Above Figure, an Increase in Cost of the Cheese
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In the Above Figure, an Increase in Cost of the Cheese

Question 18

Question 18

Multiple Choice

  In the above figure, an increase in cost of the cheese used to produce pizza A)  results in a movement from point b to point a. B)  results in a movement from point a to point b. C)  shifts the supply curve from S to S2. D)  shifts the supply curve from S to S1. E)  has no effect. In the above figure, an increase in cost of the cheese used to produce pizza


A) results in a movement from point b to point a.
B) results in a movement from point a to point b.
C) shifts the supply curve from S to S2.
D) shifts the supply curve from S to S1.
E) has no effect.

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