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-Refer to the Graph Above to Answer This Question

Question 10

Multiple Choice

-Refer to the graph above to answer this question.Which of the following statement is correct? A) Both ab and ac represent a decrease in supply. B) Both ab and ac represent a decrease in the quantity supplied. C) While ac represents a decrease in supply,ab represents a decrease in demand. D) While ac represents a decrease in supply,ab represents a decrease in the quantity demanded.
-Refer to the graph above to answer this question.Which of the following statement is correct?


A) Both ab and ac represent a decrease in supply.
B) Both ab and ac represent a decrease in the quantity supplied.
C) While ac represents a decrease in supply,ab represents a decrease in demand.
D) While ac represents a decrease in supply,ab represents a decrease in the quantity demanded.

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