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The Graph Illustrates the Supply of Sweaters

Question 33

Multiple Choice

  The graph illustrates the supply of sweaters. Which of the following events will increase the quantity supplied of sweaters? A)  A decrease in the number of sweater buyers. B)  A rise in the price of a sweater. C)  An increase in the number of sellers of sweaters. D)  A rise in the expected future price of a sweater. E)  A rise in the wage rate paid to the workers who make sweaters. The graph illustrates the supply of sweaters. Which of the following events will increase the quantity supplied of sweaters?


A) A decrease in the number of sweater buyers.
B) A rise in the price of a sweater.
C) An increase in the number of sellers of sweaters.
D) A rise in the expected future price of a sweater.
E) A rise in the wage rate paid to the workers who make sweaters.

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