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Figure: Supply Shift in the Figure, the Supply Curve

Question 198

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Figure: Supply Shift Figure: Supply Shift   In the figure, the supply curve shifted from S<sub>0</sub> to S<sub>1</sub>. To describe this movement, we would say that: A)  demand decreased, which caused a decrease in supply. B)  supply decreased, which caused a decrease in quantity demanded. C)  supply decreased, which caused a decrease in demand. D)  supply increased, which caused a decrease in quantity demanded. In the figure, the supply curve shifted from S0 to S1. To describe this movement, we would say that:


A) demand decreased, which caused a decrease in supply.
B) supply decreased, which caused a decrease in quantity demanded.
C) supply decreased, which caused a decrease in demand.
D) supply increased, which caused a decrease in quantity demanded.

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