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Exhibit 3-4 Supply Curves

Question 177

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Exhibit 3-4 Supply curves
Exhibit 3-4 Supply curves -In Exhibit 3-4,which of the following could have caused the shift in the supply curve from S₁ to S₂? A) Increase in demand. B) Decrease in demand. C) Decrease in the number of suppliers in the market. D) Decrease in wage rates. E) Increase in materials cost.
-In Exhibit 3-4,which of the following could have caused the shift in the supply curve from S₁ to S₂?


A) Increase in demand.
B) Decrease in demand.
C) Decrease in the number of suppliers in the market.
D) Decrease in wage rates.
E) Increase in materials cost.

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