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Exhibit 4-2 Supply and Demand Curves

Question 37

Multiple Choice

Exhibit 4-2 Supply and demand curves
Exhibit 4-2 Supply and demand curves In Exhibit 4-2 an increase in supply would cause a movement from which equilibrium point to another, other things being equal? A) E<sub>1</sub> to E<sub>2</sub>. B) E<sub>1</sub> to E<sub>3</sub>. C) E<sub>4</sub> to E<sub>1</sub>. D) E<sub>3</sub> to E<sub>4</sub>.
In Exhibit 4-2 an increase in supply would cause a movement from which equilibrium point to another, other things being equal?


A) E1 to E2.
B) E1 to E3.
C) E4 to E1.
D) E3 to E4.

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